Tag Archives: presumptive taxation

Guide to Presumptive Taxation u/s 44AD 44ADA & 44AE – 2017 Edition Book – Finance Act 2017- CA Srinivasan Anand G.

Guide to Presumptive Taxation Under Sections 44AD,44ADA & 44AE (2017 Edition-As Amended by Finance Act 2017)  CA Srinivasan Anand G. As Amended by Finance Act 2017 Price Rs 295. Click to buy online Paperback: 176 pages Publisher: Taxmann Publications Pvt. Ltd.; 2017 Edition edition (2017) View Contents of this Book Related Books of Income Tax… Read More »

Tax Audit Limit AY 2017-18 for Presumptive Taxation

Tax Audit Limit for Presumptive Taxation w.e.f AY 2017-18 Summary – Tax Audit Limit AY 2017-18  :As per Finance Bill 2017 , w.e.f 01.04.2016 FY 2016-17 (AY 2017-18) Section 44AB  an eligible person opting for presumptive taxation scheme as per section 44AD(1) shall not be required to get his accounts audited if the total turnover or gross receipts… Read More »

In presumptive taxation , AO can’t ask explanation of expenses : ITAT Chandigarh

IN THE ITAT CHANDIGARH BENCH Nand Lal Popli v. Deputy Commissioner of Income-tax Central Circle-II, Chandigarh H.L. KARWA, VICE-PRESIDENT AND MS. RANO JAIN, ACCOUNTANT MEMBER IT APPEAL NOS. 1161 & 1162 (CHD) OF 2013 [ASSESSMENT YEARS 2007-08 AND 2009-10] JUNE  14, 2016 Vishal Mohan for the Appellant. Sushil Kumar for the Respondent. ORDER Rano Jain,… Read More »