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Presumptive Taxation for Business in India – Section 44AD, 44ADA

presumptive taxation, 44 ada tax, 44ad income tax, sec 44ad of income tax act, income tax act,

What is the Presumptive Taxation Scheme? The Presumptive Taxation Scheme under the Income Tax Act, 1961, simplifies tax compliance for small businesses, professionals, and individuals by calculating taxable income on a presumptive basis rather than actual profits. Introduced under Section […]

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Reverse Charge Mechanism under Service Tax Laws

Tax reverse charge mechanism, Ebzifling, Income tax return filing

Here is a complete overview of the service tax reverse charge mechanism. Let us explain it in detail. Know when and where it is applicable. The post gives you full details on the service tax reverse charge.   As per […]

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