n NISM Certifications
XIII NISM Series XIII
Medium

Under presumptive taxation (Section 44AD), what is the declared profit rate for cash receipts?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    5%

  2. B

    6%

  3. C

    7%

  4. 8%

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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