This video is about section 44ADA of Income tax act, 1961 i.e. presumptive income for professionals. Under this section few professionals are required to pay taxes on 50% of their gross receipts without maintaining books of accounts. For more details lets watch it now and share it. Also subscribe my new motivational channel “CA Vaibhav Kansal”.
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You can also watch following videos:
Section 44AD
Section 44AE
GST New returns-Sugam-Sahaj
Benefits of filling ITR
How to file ITR 4
How to file ITR 1
Penalty for late ITR filling
Types of return AY 18-19
Disclaimer: This video is solely opinion of speaker. It will not constituted any legal opinion. Any financial or other loss or damage caused to any person is not the responsibility of speaker or channel.

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