Income d u/s 44 AD doubt please help me...

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Dear CA Club India ,...


I saw one computation of ITR the following mentioned

Gross receipts turnover 1842658

Deemed profit. 147412.64 8.00%

Net profit .499361.00 27.10%



here how they declared the net profit income??? here 27.10% how it will come


please explain me...
Replies (1)
He declered the actual Net profit.


CCI Pro

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