What Is the 44AD Limit for AY 2024-25?
Section 44AD of the Income Tax Act is a presumptive taxation scheme designed to simplify the tax process for small businesses and professionals. For Assessment Year (AY) 2024-25, understanding the 44AD limit is essential for businesses and individuals who want to take advantage of this simplified method of filing taxes. This blog will explore the 44AD limit for AY 2024-25 and its impact on tax...
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