Deemed profit u/s 44 AD reduced from 8% to 6% for digital transaction

Last updated: 19 December 2016

Government decides to reduce the existing rate of deemed profit under section 44AD of the Income Tax Act in respect of amounts/receipts through banking channel/digital means Under the existing provisions of section 44AD of the Income-tax Act, 1961 (the Act), in case of certain assesses (i.e. an i

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Category Income Tax   Report

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