calculate_presumptive_tax
Compute tax under presumptive scheme (Sections 44AD, 44ADA) for small businesses and professionals. Input gross receipts and other parameters to determine liability.
Instructions
Calculate tax under presumptive scheme (Sections 44AD, 44ADA).
Use when computing tax for small businesses or professionals under presumptive taxation.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| scheme | Yes | '44AD' for business or '44ADA' for professionals | |
| gross_receipts | Yes | Total gross receipts in INR | |
| digital_receipt_percent | No | Percentage via digital mode | |
| regime | No | 'new' or 'old' tax regime | new |
| age | No | Assessee age | |
| deductions_80c | No | Section 80C deductions (old regime) |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||