Presumptive tax six percent us 44AD for non cash sales. 8% rate to continue for turnover or gross receipts
February 1, 2017
Budget 2017-18, Income Tax
Presumptive tax six percent us 44AD for non cash sales. 8% rate to continue for turnover or gross receipts received in any other mode. Measures for promoting digital payments in case of small unorganized businesses The existing provisions of section 44AD of the Act, inter-alia, provides for a …