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PRAKASH MATUPALLIPRAKASH MATUPALLI asked 2 months ago

Sir
if An assessee is having four Business will turnover be calculated Business Wise or in total As a whole
ie whether assessee can choose to pay tax under presumptive basis for two business and normal procedure for another two business whether this combination will be allowed in income tax Audit ???

1 Answers
RaviRavi Staff answered 3 weeks ago

yes he can select where to follow presumptive and where to go for actual basis

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