Presumptive Taxation Under Section 44AD and 44ADA, Explained
Declare profit at a fixed percentage of turnover, skip full books and a tax audit. Here's exactly who qualifies for Section 44AD and 44ADA, and what it costs you.
6 min read
3 articles
Declare profit at a fixed percentage of turnover, skip full books and a tax audit. Here's exactly who qualifies for Section 44AD and 44ADA, and what it costs you.
How much to keep in an emergency fund, where to park it, and how to prioritise debt, with a practical adjustment for freelancers and business owners.
Landlords, freelancers, and the businesses paying them often get the TDS rate or threshold wrong. Here's who deducts what, and how the credit reaches you.