Presumptive taxation scheme (PTS) allows you to calculate your tax on an estimated income or profit. The scheme can be used by businesses having a total turnover of less than Rs2 crore and eligible professionals with gross receipts of less than Rs50 lakh in a financial year. Presumptive Taxation under section 44AD
Presumptive taxation scheme (PTS) allows you to calculate your tax on an estimated income or profit. The scheme can be used by businesses having a total turnover of less than Rs2 crore and eligible professionals with gross receipts of less than Rs50 lakh in a financial year.
ReplyDeletePresumptive Taxation under section 44AD