#Section 44AD
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577 articlesIncome Tax

Income Tax
Small Taxpayers- Avail benefits of Presumptive Taxation Scheme- CBDT
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Section 44AD: Presumptive Taxation for Business Income
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Is Tax Audit Necessary in every case where Section 44AD is applicable but Net Profit is less than 8% / 6%
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5 Year Restriction under Section 44AD of Income Tax Act, 1961
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Allow Benefit of presumptive taxation U/s. 44AD to LLP: ICAI
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Section 44AD Presumptive Income – amend definition of eligible business
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Section 44AD Allow deduction of interest and remuneration paid to partners by firm: ICAI
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No penalty for failure to get books audited for Bonafide belief of non-applicability of Audit
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Comparison of Changes in section 44AB and 44AD
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Six Things you should know about the Finance Act 2017
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Budget 2017: Delete of section 44AD(2) to cause hardship to taxpayers
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Budget 2017: Increase 2 crore Turnover limit for section 194A/ 194H/ 194I & 194J
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Advance Tax Provisions relaxed for professionals availing presumptive taxation benefit and for Tax on Dividend
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