Presumptive Taxation for Professionals Under Section 44ADA: Know Eligibility and Turnover Limit

Presumptive Taxation for Professionals Under Section 44ADA: Know Eligibility and Turnover Limit

Section 44ADA of the Income Tax Act offers an easy method for certain professionals, allowing them to declare income on a presumptive basis without maintaining detailed books of accounts. Let us know more about the Presumptive Taxation Scheme under section 44ADA.