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can a builder go for presumptive scheme, Income Tax

Issue Id: - 117027
Dated: 22-2-2021
By:- MOHDYUNUS ANSARI

can a builder go for presumptive scheme


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BUILDER HAVING TURNOVER OF RS.2.5 CRORE GO FOR PRESUMPTIVE SCHEME

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1 Dated: 2-3-2021
By:- DR.MARIAPPAN GOVINDARAJAN

In my view no. Presumptive tax is applicable only to the turnover is less than ₹ 2 crores.


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