Presumptive Tax Scheme for Professionals, mytaxdost

Income Tax

Presumptive Tax Scheme For – Doctors / Engineers Presumptive Tax Scheme for Professionals introduced under Section 44ADA from the FY 2019-20. This scheme provides a simple method of Taxation for small Professionals. The benefit of this section can be taken only by specified professionals whose annual gross receipts are under Rs 50lacs. Specified Professionals here means- …

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