Comments for TAX VIC https://blog.taxvic.com Income Tax Consultants for Individuals & Businesses Sat, 22 Jun 2024 07:36:56 +0000 hourly 1 https://wordpress.org/?v=6.3.3 Comment on Auditor Appointment Compliance – A New Private Limited Company in India Meeting Legal Requirements, Types of Audits, and ROC Forms by TAXVIC https://blog.taxvic.com/auditor-appointment-compliance/#comment-373 Tue, 31 Oct 2023 04:52:38 +0000 https://blog.taxvic.com/?p=528#comment-373 In reply to yogesh.

Thank you for the kind words! We’re thrilled that you find our content valuable and practical. We’re committed to providing insights and updates that help professionals like you. If you have any specific topics, you’d like us to cover in the future, please let us know. We appreciate your support!

]]> Comment on Presumptive Income Tax Scheme under 44AD, 44ADA and 44ADE by Section 44AB: Tax Audit under Income Tax https://blog.taxvic.com/presumptive-income-tax-scheme-44ad-44ada-and-44ade/#comment-371 Mon, 28 Aug 2023 09:48:30 +0000 https://blog.taxvic.com/?p=189#comment-371 […] Read more on Presumptive taxation. […]

]]> Comment on LLP compliance you must know for FY 2022-23 by All You Need to Know About PAN Card: Eligibility Criteria and Importance in India - TAX VIC https://blog.taxvic.com/llp-compliance-for-fy-2022-23/#comment-370 Sun, 23 Apr 2023 07:39:30 +0000 https://blog.taxvic.com/?p=234#comment-370 […] LLPs can apply for a PAN card with their own name. [Read more about LLP Here.] […]

]]> Comment on Presumptive Income Tax Scheme under 44AD, 44ADA and 44ADE by Taxes & Compliances you must know about if you provide services outside India - TAX VIC https://blog.taxvic.com/presumptive-income-tax-scheme-44ad-44ada-and-44ade/#comment-369 Wed, 05 Apr 2023 10:52:28 +0000 https://blog.taxvic.com/?p=189#comment-369 […] The tax rates depend on the structure of your business/profession.  You may be an individual or you may have opened a company to operate and conduct your services providing business.Typically, is you being an individual freelancer who is selling services, you have the option to adopt 44ADA if your total receipts during the year is up to 75 lacs (Till FY 22-23 the limit was 50 lacs). Under 44ADA which is also called a presumptive taxation method, the profit is presumed to be 50% of the gross receipts, and taxes are calculated on this profit. You get to save taxes and the method is quite simpler when you adopt 44ADA. Read about 44ADA in detail here. […]

]]>