Tag Archives: section 44AB

Presumptive taxation U/s. 44AD, 44ADA, 44AE of Income Tax [FA 2019]

By | April 25, 2019

TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS [As amended by Finance Act, 2019] This Article discusses about Meaning of presumptive taxation scheme, Presumptive Taxation Scheme of Section 44AD,  Section 44ADA, Section 44AE of Income Tax Act , For whom the presumptive taxation scheme of is designed?, Businesses not covered under… Read More »

Tax Audit & Return filing due date extended to 17 Oct 2016 :CBDT Clarify

By | September 14, 2016

Note : CBDT had extended the due date of furnishing ITR to 17th October but there was no clarity about Tax Audit Due Date . So clarification has been issued that Tax Audit date has also been extended. F. No. 225/195/2016-ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes… Read More »