Thursday, October 19, 2017

List of benefits available to Small Businessmen

List of benefits available to Small Businessmen S.N. Particulars Section Benefits/Deductions allowed A. Presumptive Taxation Scheme 1. Computation of income from eligible business on presumptive basis under Section 44AD provided turnover or gross receipts of eligible business does...

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Benefits available to Individuals & HUF

2.i Benefits available only to Individuals & HUFs A. Tax Rates and Relief S.N. Particulars Benefits Available to 1. Maximum amount of income which is not chargeable to Income-tax Rs. 2,50,000 Individual/HUF 2. Maximum amount...

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