PRESUMPTIVE SCHEME IN IT

abi raj (228 Points)

27 October 2017  
Sir,
It is found that in presumptive scheme of IT for business income, the taxable income is 8% of total turn over but is it possible to take the taxable income at 10% or like that? or is it compulsory to take at a rate of 8%?
please reply experts.
Thanks and Regards