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  1. P

    For self employed, does the criteria apply to gross receipts or taxable income?

    I use 44ADA for filing which means my presumptive income is 50% of my gross receipts and I am planning to use 80GG and other deductions as well. So I could easily be spending that other 50% of gross receipts through my CC for "business/profession" expenses if these banks didn't ask for ITR and...
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