Presumptive income scheme for professionals - An insight

CS Advocate Abhishek Goyal , Last updated: 15 April 2017  
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Introduction: The Finance Act 2016 has introduced a new presumptive income scheme for professionals by inserting a new section 44ADA into the Income Tax Act, 1961. The new section has come into force with effect from 01.04.2017 i.e. from AY 2017-18. So, from AY 2017-18 professionals will have an

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CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
Category Income Tax   Report

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