Presumptive Taxation For Professionals

Koushik D C , Last updated: 15 December 2016  
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We know that Section 44AD of Income Tax Act, 1961s provides for presumptive taxation scheme for eligible persons engaged in eligible business. However such scheme is not available for professionals. Hence, for reducing the compliance burden, the Finance Act, 2016 has inserted the section 44ADA being

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Published by

Koushik D C
(Proprietor/Freelancer)
Category Income Tax   Report

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