All about Section 44ADA

CA Himanshu Gandotra , Last updated: 28 December 2018  
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SECTION 44ADA Section 44AD is a well-known presumptive taxation scheme available to individuals, HUF and partnership firms (not including limited liability partnerships) for declaring their income on a presumptive basis which is not less than 8% of total turnover declared for the financial year.

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Published by

CA Himanshu Gandotra
(Chartered Accountant)
Category Income Tax   Report

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