Sections 44AD and 44ADA of the Income Tax Act, 1961, offer presumptive taxation schemes to simplify the tax compliance process for small businesses and professionals in India. These sections allow taxpayers to declare income at a prescribed rate and avoid maintaining detailed books of accounts. This tutorial will guide you […]
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ANOMALIES OF GST
GST is a form of tax which in its ideal structure would have only one rate of tax across all products and services and in most countries, this mode of taxation exists there is only one rate of tax levied across all the products and services that are supplied across […]
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