Articles by CA.R.S.KALRA

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Section 44AD (4): Consequences of Opting Out of Section 44AD(1) - Part V

Posted by CA.R.S.KALRA 26 October 2021 41278 Views

If a person has opted for a presumptive scheme of taxation u/s 44AD in any one year then they have to remain in the umbrella of section 44AD for the next 5 years.



Section 44AD, ADA & AE: A Comparative Guide

Posted by CA.R.S.KALRA 26 October 2021 9463 Views

Understand the differences between Section 44AD, 44ADA, and 44AE of the Income Tax Act. Compare eligibility, presumptive income, and more.



Section 44AD: Lower Tax on Digital Payments

Posted by CA.R.S.KALRA 19 October 2021 14041 Views

Discover how to pay less tax under Section 44AD by accepting digital payments. Learn the benefits and scenarios for reduced profit rates.



Can You Claim Sec 44AD and Sec 44AE Together?

Posted by CA.R.S.KALRA 13 October 2021 15066 Views

Discover if you can claim the benefits of Section 44AD and Section 44AE simultaneously. Learn how presumptive taxation applies to multiple businesses.



Section 43CA vs 44AD: Understanding the Interplay

Posted by CA.R.S.KALRA 13 October 2021 10256 Views

Explore the complex relationship between Section 43CA and Section 44AD of the Income Tax Act. Understand how they affect property transactions and presumptive taxation.



Section 44AD: Presumptive Taxation for Small Businesses

Posted by CA.R.S.KALRA 13 October 2021 9033 Views

Understand Section 44AD of the Income Tax Act for presumptive taxation. Learn about eligible businesses, turnover limits, and tax implications for small businesses.



Section 44AB Audit: Turnover Limits & Requirements

Posted by CA.R.S.KALRA 16 March 2022 11908 Views

Understand Section 44AB tax audit requirements. Discover updated turnover limits, cash transaction rules, and when an audit is mandatory for businesses and professionals.



Turnover in Tax Audit: Meaning & Calculation Guide

Posted by CA.R.S.KALRA 14 March 2022 11823 Views

Understand the meaning of turnover in tax audits. Learn how to calculate gross receipts and sales for Section 44AB compliance in the UK.



Section 69C & Presumptive Taxation: What You Need to Know

Posted by CA.R.S.KALRA 12 September 2021 8603 Views

Understand how Section 69C of the Income Tax Act applies when opting for presumptive taxation. Learn about unexplained expenditure and its implications.



Section 68 & Presumptive Taxation: Can They Coexist?

Posted by CA.R.S.KALRA 13 September 2021 8723 Views

Discover if Section 68 can be invoked when you opt for presumptive taxation. Understand the crucial role of maintaining books of account.




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