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
No Comments
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
No Comments