kya Lab testing fee profession me aata he
kya receipts ka 50% profit dikhana jarura he (without audit ke lye)
1 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 26 July 2018
Yes, 50% of gross receipts of profession will have to show as presumptive income. Lab testing service covered in technical consultancy service.You are eligible to avail presumptive taxation scheme under section 44ADA .
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