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Advantages and disadvantages new income tax act 2025 question

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(Querist)
06 April 2026 Sir,
Any it individual business persons (sec 44ad)and professional tax payers(sec 44ada) itr returns filed persons f.y.25-26 new income tax act 2025 advantages and disadvantages it purpose
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
07 April 2026 New Income Tax Act 2025 benefits presumptive taxpayers through lower tax rates and simplicity, but becomes disadvantageous where deductions and actual profits are lower than presumptive limits.
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