Bank transaction and cash

Rajat Sharma (496 Points)

09 June 2024  
Sir I want to know that can I show the gross receipts received in the shape of cash receipt and bank transferred fill in the column of cash receipt in income tax return and show the profit more than 8% under the presumptive scheme under section 44AD.My gross receipts from cash and bank transferred does not more than 40.00 Lac and I have filed my income tax returns under the presumptive scheme under section 44AD.Thanks