Tax Advisory
One of the essential characteristics of a presumptive taxation scheme is that books of account is not required to be maintained…
February 5, 2024
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Article & News
Category: Tax Advisory
Tax Advisory
The Finance Act, 2016 inserted a new section 44ADA providing for taxation of professionals income on
presumptive basis. The presumption of income is not new to the Income Tax Act, in the past…
January 17, 2024
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