Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI
June 13, 2019
ICAI
Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI in its Pre-Budget Memorandum-2019 on Direct Taxes and International Tax to the Government The Finance Act, 2016 has inserted a new section 44ADA which provide for special provision for computing profits and gains of profession on presumptive basis. …