Section 44AD allows eligible small business owners to declare income on a presumptive basis without maintaining detailed books. However, taxpayers must still disclose turnover and other taxable income sources while filing ITR.
Section 44AD ITR filing: Which income you must disclose — and which need not be reported under the presumptive scheme
Section 44AD allows eligible small business owners to declare income on a presumptive basis without maintaining detailed books. However, taxpayers must sti…
Lok Darpan
