Presumptive Taxation Scheme(U/s 44AD, 44ADA, 44AE)
PRESUMPTIVE TAXATION FOR BUSINESS AND PROFESSION SECTION 44AD, 44ADA, 44AE Under the new provisions, implemented by the Income Tax Department, some sought of relief has been provided to small taxpayers, wherein, instead of undertaking the tedious job of maintenance of books of account and their auditing, they can apply for presumptive taxation scheme under sections …