Alpha & Co is a proprietary concern owned by Vimala. The total turnover for the Year 2020-21 is ₹ 52 lakhs which includes proceeds realized through banking channel ₹ 12 lakhs. The presumptive income under Section 44AD would be:

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Question:Alpha & Co is a proprietary concern owned by Vimala. The total turnover for the Year 2020-21 is ₹ 52 lakhs which includes proceeds realized through banking channel ₹ 12 lakhs. The presumptive income under Section 44AD would be:

1. ₹ 4,16,000

2.₹ 2,60,000

3.₹ 3,92,000

4.₹ 5,20,000

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  1. Alpha & Co is a proprietary concern owned by Vimala. The total turnover for the Year 2020-21 is ₹ 52 lakhs which includes proceeds realized through banking channel ₹ 12 lakhs. The presumptive income under Section 44AD would be:
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