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“GST’s Role in Business Income Taxation: A Complete Guide”

Introduction The Goods and Services Tax (GST) is a significant reform in indirect taxation in India. While GST governs the taxation of goods and services, it has a substantial impact on the computation and taxation of income under the

“Maximizing Tax Benefits Under Section 44AD and Section 44AE” Complete

Introduction For small traders and businesses, complying with tax regulations can be overwhelming. To simplify compliance, the Income Tax Act, 1961, provides presumptive taxation schemes under Section 44AD and Section 44AE. These schemes allow small traders to calculate and

“Freelancer Tax Guide: How to Compute Your Income”

Introduction With the rise of the gig economy, freelancing has become a popular career choice. Freelancers, like professionals, are required to report their income and file taxes under the Income Tax Act, 1961. Computing income and managing tax compliance

“Tax Conditions for Goods Carriages Under Section 44AE Explained” Complete

Introduction Section 44AE of the Income Tax Act, 1961, provides a presumptive taxation scheme for individuals, HUFs, or firms engaged in the business of plying, hiring, or leasing goods carriages. This scheme simplifies tax compliance for small transport operators

“Simplified Tax Rules for Small Businesses Under Section 44AD”

Introduction Small businesses often face challenges in maintaining detailed records and complying with complex tax regulations. To simplify the taxation process, the Income Tax Act, 1961, introduced presumptive taxation under Section 44AD. This scheme allows small businesses to calculate

“Income Tax Act Explained: Profession Under Section 2(36)” Complete Guidance

Introduction In the realm of taxation, the term "profession" holds significant importance under the Income Tax Act, especially when determining taxable income. Section 2(36) of the Act provides a foundation for understanding what constitutes a profession. It broadly encompasses

Tag: presumptive taxation

“GST’s Role in Business Income Taxation: A Complete Guide”

“Maximizing Tax Benefits Under Section 44AD and Section 44AE” Complete

“Freelancer Tax Guide: How to Compute Your Income”

“Tax Conditions for Goods Carriages Under Section 44AE Explained” Complete

“Simplified Tax Rules for Small Businesses Under Section 44AD”

“Income Tax Act Explained: Profession Under Section 2(36)” Complete Guidance

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Tag: presumptive taxation

“GST’s Role in Business Income Taxation: A Complete Guide”

“Maximizing Tax Benefits Under Section 44AD and Section 44AE” Complete

“Freelancer Tax Guide: How to Compute Your Income”

“Tax Conditions for Goods Carriages Under Section 44AE Explained” Complete

“Simplified Tax Rules for Small Businesses Under Section 44AD”

“Income Tax Act Explained: Profession Under Section 2(36)” Complete Guidance

Explore

Contact

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