DharaDhara asked 3 years ago

If an assesse opts for presumptive taxation under section 44AD, then, for the purpose of computing 8%/6% of turnover, gross turnover will include GST or not ?

1 Answers
RaviRavi Staff answered 3 years ago

it talks about total turnover or gross receipts
as they are using word gross receipts
it should include everything
as there are no books of accounts
difficult to maintain records indicating gst
further there is dispute related to inclusion of gst