Source: https://awesomecalcs.com/44ada-calculator/4000000-receipts-doctor-44ada
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# 44ADA Tax for Rs 40 Lakh Receipts, Individual Professional

> See the presumptive income and tax under Section 44ADA for a resident individual professional with Rs 40 lakh gross receipts.

Interactive calculator: https://awesomecalcs.com/44ada-calculator/4000000-receipts-doctor-44ada

Keywords: 44ada calculator 40 lakh receipts, presumptive tax doctor consultant

## Scenario inputs

```json
{
  "inputs": {
    "grossReceipts": 4000000,
    "digitalReceiptsPercent": 100
  }
}
```

## How this is calculated

Computes presumptive professional income under Section 44ADA (50% of gross receipts) and the resulting tax under the old and new regimes.

**Formula:** `presumptiveIncome = grossReceipts x 0.5`

**Variables:**

- `grossReceipts`: Gross annual professional receipts, INR

Reference: Income Tax Act, 1961, Section 44ADA; ClearTax presumptive taxation guide (FY 2025-26).

## Assumptions

- Eligible only for resident individuals and partnership firms (not HUFs, LLPs, or companies) in a specified profession, with receipts up to Rs 50 lakh, or Rs 75 lakh if at least 95% of receipts are digital.
- Unlike Section 44AD, there is no lock-in period for opting in or out of Section 44ADA.

## Frequently asked questions

### What is the presumptive income here?

50% of Rs 40 lakh gross receipts, Rs 20 lakh, taxed under 44ADA.