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presumptive taxation scheme for plying hiring leasing goods carriage business

How to estimate income of goods carriage business – Section 44AE

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Business of plying, hiring or leasing goods carriage has two options to calculate it's business income. It can either choose the normal method of calculating business income by preparing books of account, profit and loss account and balance sheet or choose the presumptive taxation scheme to estimate income under section 44AE.If you are opting for presumptive scheme under … [Read more...] about How to estimate income of goods carriage business – Section 44AE