Tag: presumptive scheme of taxation
Section 44AD – Presumptive Scheme to be Opted for At Least 5 Years

Section 44AD – Presumptive Scheme to be Opted for At Least 5 Years

In an interesting move, a new condition has been added to presumptive income — you stand to loose presumptive tax benefits, if you do not continue them for atleast 5 years.  ...

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