ZERO TAX on ₹2 Crore Turnover?* YES, it’s possible — 100% legally | gstguy

ZERO TAX on ₹2 Crore Turnover?* YES, it’s possible — 100% legally! Here’s how 👇 If you're running a business and your entire turnover is through online/digital payments, then Section 44AD of the Income Tax Act can be your best friend. Under this presumptive taxation scheme, you can declare just 6% of your turnover as income (instead of actual profits) — and pay tax ONLY on that. Now imagine this: ➡️ ₹2 Cr turnover ➡️ 100% digital receipts ➡️ 6% deemed income = ₹12 Lakhs ➡️ Apply basic exemption + deductions (80C, 80D, etc.) ✅ Final Tax = ZERO No books. No audit. No stress. 💼 🔍 What is Section 44AD? Section 44AD is a presumptive taxation scheme under the Income Tax Act. It allows eligible small businesses (excluding professionals) to declare their income at a prescribed rate, without maintaining detailed books of accounts or going through audit formalities. Under this scheme: If your gross turnover or receipts are up to ₹2 Crores, and You are an eligible assessee (i.e., an individual, HUF, or partnership firm — not LLP or company), Then, instead of declaring your actual profit, you can declare a fixed percentage of your turnover as income and pay tax on that. 👉 Presumptive Rates: 6% of total turnover if all transactions are through banking channels (digital/online) 8% if there are cash transactions 📌 For small businesses, traders, freelancers, and anyone accepting payments online — this can save you lakhs! --- 💬 Drop your doubts in the comments 🔁 Share with someone who needs this 🔔 Follow for more tax hacks! #TaxSaving #Section44AD #IncomeTaxIndia #ZeroTaxStrategy #PresumptiveTaxation #BusinessTips #FinanceReels #TaxPlanning #GSTGuy #TaxBenefits #TurnoverTax #digitalpayments Join this channel to get access to perks:    / @gstguy   Ensuring GST Compliance Made Easy! 📈 🔹 10-Year Proven Professionals 🔹 Industry-Diverse Expert #GSTCompliance #gst