Escolar Documentos
Profissional Documentos
Cultura Documentos
• Advance tax, for taxpayers having opted for the presumptive scheme, is
to be paid by 15th March of the relevant financial year.
SECTION 44ADA
• Professionals whose Total Gross Receipts do not exceed more than Rs. 50
Lakhs in a financial year can claim benefit of this Section.
• The Income of any person making use of this Section would be assumed to
be 50% of the Total Gross Receipts for the year.
SECTION 44ADA
• The following are considered as professionals who can make
use of this Section:
1.Legal
2. Medical
3. Engineering
4. Architectural Profession
5. Profession of Accountancy
6. Technical Consultancy
7. Interior Decoration
SECTION 44ADA
• The assessee would also NOT be required to:
1. Maintain books of accounts under sub-section (1) of
Section 44AA, or
2. Get the accounts audited under Section 44AB in
respect of such income.