Articles by CA.R.S.KALRA

Section 44AD: Presumptive Income Scheme Explained

Posted by CA.R.S.KALRA 09 December 2020 13268 Views

Understand Section 44AD of the Income Tax Act. Learn about eligible businesses, presumptive income rates (6% & 8%), and how digital payments benefit you.

Tax Audit Provisions: Section 44AB Explained

Posted by CA.R.S.KALRA 10 December 2020 13794 Views

Understand Section 44AB tax audit requirements. Learn turnover limits, profession receipts thresholds, and when a tax audit is mandatory in the UK.

Sec 44AA: Maintaining Books of Account Explained

Posted by CA.R.S.KALRA 05 December 2020 3830 Views

Understand Section 44AA requirements for maintaining books of account for businesses and professions. Learn who needs to comply and potential penalties.

Presumptive Taxation Explained: Simplify Your Taxes

Posted by CA.R.S.KALRA 05 December 2020 6582 Views

Understand presumptive taxation in India. Learn how it simplifies tax compliance for small businesses and reduces audit burdens. Discover if it's right for you....

Section 115BBE: Taxing Unexplained Income

Posted by CA.R.S.KALRA 03 December 2020 5750 Views

Understand Section 115BBE's impact on unexplained income, including high tax rates and penalties. Learn how it affects honest taxpayers and the implications of retrospective amendments.