What is the Presumptive Taxation for Business and Profession in India?
Section 44ADA – Presumptive Obligation Scheme for Specialists A scheme for presumptive tax assessment was introduced under section 44ADA from the FY 2016-17. Section 44ADA gives a direct procedure for tax collection for little specialists. Section 44ADA offers a scheme of presumptive tax collection from advantages and gains rising up out of reasons for living referred to under Section 44AA […]
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