Presumptive Taxation Scheme Guide (44AD & 44ADA)
Learn how to file under Section 44AD (businesses) and Section 44ADA (professionals) without maintaining books of accounts or undergoing tax audits.
PDF GUIDE
Presumptive Taxation Scheme Guide (44AD & 44ADA)
Learn how to file under Section 44AD (businesses) and Section 44ADA (professionals) without maintaining books of account…
About the Resource
This resource was developed by tax experts and qualified Chartered Accountants to simplify your income tax compliance. Reconciling tax credits and organising document trails reduces errors and filing delays.
Disclaimer: This resource is for educational purposes only and does not replace professional advice from a qualified CA or tax consultant.
Reconcile Tax Credits
Ensure your salary, business receipts, TDS, TCS, and tax payments match Form 26AS and AIS/TIS entries.
Claim All Deductions
Check eligibility for Section 80C, 80D, 80E, 80G, and HRA benefits to minimize tax liabilities.
What is Included
Section 44AD Business Limits
₹3 crore turnover limit and 8%/6% profit declaration rules.
Section 44ADA Professional Limits
₹75 lakh limit and 50% profit rate for CAs, doctors, engineers.
Section 44AE Transporter Rules
Presumptive profit per truck/vehicle details.
5-Year Lock-in Rule
Understand the penalties of opting out of the scheme.
Who Should Use This
Small Traders
Freelance Developers
Consultants & Doctors
Tax Advisors
Benefits
Filing made simple
Declare profit at flat rates and skip detailed bookkeeping.
No audit pressure
Filing within presumptive limits exempts you from Section 44AB audits.
Digital receipt benefits
Declare lower profit (6%) on digital transactions to save tax.
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