Dr. Ravi practicing medicine has gross receipt of ₹ 18,40,000 for the financial year 2020-21. His presumptive income under Section 44ADA would be:

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Question:Dr. Ravi practicing medicine has gross receipt of ₹ 18,40,000 for the financial year 2020-21. His presumptive income under Section 44ADA would be:

1.₹ 1,47,200 @8%

2.₹ 92,000 @5%

3.₹ 9,20,000 @ 50%

4. ₹ 4,60,000 @ 25%

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  1. Dr. Ravi practicing medicine has gross receipt of ₹ 18,40,000 for the financial year 2020-21. His presumptive income under Section 44ADA would be:
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