Income Tax Presumption Section Taxation

Presumptive taxation- Section 44AD, 44ADA, 44AE

Presumptive taxation- Section 44AD, 44ADA, 44AE

To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting the accounts audited, the Income-tax Act has framed the presumptive taxation scheme under sections 44AD, section 44ADA and section 44AE. In this part you can gain knowledge about various provisions of the presumptive taxation scheme of …

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Income Tax Presumptive Taxation Scheme of Section 44AD, 44ADA, 44AE

Presumptive Taxation Scheme Section 44AD, 44ADA, 44AE- [TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS]

To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting the accounts audited, the Income-tax Act has framed the presumptive taxation scheme under sections 44AD, section 44ADA and section 44AE. In this part you can gain knowledge about various provisions of the presumptive taxation scheme of …

Presumptive Taxation Scheme Section 44AD, 44ADA, 44AE- [TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS] Read More »