Tag: #DigitalPayments

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A Complete Guide to Tax Compliance under Sections 44AD and 44ADA: Audits, Eligibility, Filing, and Profit Calculation

For small businesses and professionals, tax season can feel overwhelming, with countless forms, financial records, and compliance requirements. Sections 44AD and 44ADA of the Indian Income Tax Act offer a simplified route through presumptive taxation—an approach that saves time and effort while making tax compliance more accessible. This guide will […]

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Simplifying Taxes with Sections 44AD and 44ADA: A Practical Guide for Small Businesses and Professionals

If you’re a small business owner or self-employed professional, you’ve likely felt overwhelmed by the paperwork and compliance demands that come with tax season. India’s Income Tax Act recognizes this struggle, and Sections 44AD and 44ADA offer a much-needed break. These sections introduce presumptive taxation schemes—a simplified way to handle […]

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