Section 44AD

Presumptive Taxation Scheme of section 44AD || F & Q on Presumptive Taxation Scheme of section 44AD

Presumptive Taxation Scheme of section 44AD Section 44AD:- Meaning of presumptive taxation scheme- ​​​As per sections 44AA of the Income…

7 years ago

Article on Tax audit ||Objective of tax audit ||Tax audit applicability (As per section 44AB) || If a person/taxpayer is required by or under any other law to get his accounts audited|| Forms for tax audit|| Late fees/penalty

​​​Article on Tax audit Tax audit Meaning The dictionary meaning of the term "audit" is check, review, inspection, examination etc.…

7 years ago

Eligible Business under section 44AD ||Who is eligible and not eligible to take advantage of the presumptive taxation scheme of section 44AD?

​​​​​​​Eligible Business under section 44AD The presumptive taxation scheme of section 44AD of income tax Act 1961 can be adopted…

7 years ago

Who is covered by tax audit (As per Section 44AB)? ||Tax Audit Applicability ||Work-in progress does not constitute ‘Turnover/Gross sales’ within the meaning of section 44AB of Income tax ||Section 44AB of income tax applicable to only business Income

Who is covered by tax audit ? FAQ deals with Income Tax  Audit Provisions in India. As per section 44AB,…

7 years ago

Provision of Presumptive Taxation scheme under Sections 44AD, Section 44ADA and Section 44AE || Eligible business under section 44AD 44ADA, 44AE

Provision of Presumptive Taxation scheme under sections 44AD, section 44ADA and section 44AE ,

9 years ago