Section 44ADA | Presumptive Taxation For Professionals

CA.R.S.KALRA , Last updated: 12 April 2024  
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Key Points to Remember Budget 2023 Update The limits for presumptive taxation under Sec 44ADA were revised to Rs. 75 lakh for professionals and 3crore for small businesses from FY 2023-24 (AY 2024-25). Introduction Introduced in FY 2016-17. Qualifies

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CA.R.S.KALRA
(C.A.)
Category Income Tax   Report

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