Presumptive taxation for transport operators

Persons owning up to 10 goods carriages can compute income on a per-vehicle basis (₹7,500 per month per vehicle for heavy vehicles) without maintaining books.

Key provisions

• Persons owning up to 10 goods carriages can compute income on a per-vehicle basis (₹7,500 per month per vehicle for heavy vehicles) without maintaining books.

Use via API

curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/195

{
  "act_2025_ref": "195",
  "old_reference": "Section 44AE, Income Tax Act 1961",
  "title": "Presumptive taxation for transport operators",
  "category": "Section",
  "limit_or_rate": "-",
  "applicable_to": "-",
  "effective_from": "2026-04-01"
}