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I am a chartered accountant, effectively-versed during the ins and outs of earnings tax, GST, and holding the textbooks well balanced. Figures are my detail, I can sift by economic statements and tax codes with the ideal of these. But you can find A further aspect to me – a facet that thrives on terms, not figures. Browse much more
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No, you won't be essential to keep up textbooks of account as you go for presumptive taxation program.
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Presumptive taxation scheme relieves little taxpayers from sustaining frequent guides of account and acquire them audited. Threshold limitations beneath 44AD and 44ADA elevated in Funds 2023.