50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS…
Income Tax Penalty u/s 271AAB deleted as assessee was declaring income on presumptive basis, was not required to maintain books…
Addition for cash deposit in bank set aside where AO accepted the turnover under presumptive taxation ABCAUS Case Law CitationABCAUS…
Presumptive tax u/s 44AE - No addition for cash deposit in bank made out of business receipts unless rebutted by…
Presumptive Tax u/s 44AE-Heavy Vehicle weight to be used, gross, laden or unladen. CBDT clarification for computing profits and gains…
Presumptive Tax u/s 44ADA-reduce tax rate, increase threshold says ICAI in its Pre-Budget Memorandum-2019 on Direct Taxes and International Tax…
No further disallowance when income is computed u/s 44AD. ITAT directs AO to make assessment u/s 44AD as desired by…
When assessee not maintained books of account and filed under presumptive section, cash deposit in bank were correlated to the…
Despite more than prescribed Trucks-income computed u/s 44AE at rates prescribed in the section with benefits of salary & partner's…