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GROSS RECEIPTS FOR SEC 44AD, Income Tax

Issue Id: - 116898
Dated: 9-12-2020
By:- giri gattupalli

GROSS RECEIPTS FOR SEC 44AD


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respected sir ,

my clint is a regular gst dealers turnover amouts to rs sale 70,00,000 out put tax 3,50,000.

please discusse gross what are the gross receipts for a AY 2020-21 under sec 44AD,whether it is 70 lakss or total amount inclusive tax rs 73,50,000 please discuss

thanking you

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Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 10-12-2020
By:- giri gattupalli

respected sir

please discuss

thanking you


2 Dated: 11-12-2020
By:- giri gattupalli

respected sir

please discuss above querry

thankibg you


3 Dated: 18-12-2020
By:- Guravaiah Manam

Gross Receipts means total value includes all taxes and without any deductions.

So Gross Receipts is ₹ 73,50,000/-


Page: 1

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