Presumptive taxation U/s. 44AD, 44AE & 44AF with FAQs

Sections 44AD, 44AE and 44 AF cover special provisions of computing profits on a presumptive basis. All the schemes are optional at the discretion of the assessee. Conditions and manner of computation common to all three sections are given at the end after specific provisions applying to each section. A. Section 44AD – Presumptive computation of … Read more

Company Law Settlement Scheme (CLSS) Extended upto 15.11.2014.

General Circular dated 15.10.2014: Company Law Settlement Scheme, 2014 (CLSS-2014) General Circular No. 40/2014No. 02/13/2014 CL-VDated: 15.10.2014Subject: Company Law Settlement Scheme (CLSS) Extended upto 15.11.2014In continuation to the Ministry’s General Circular No. 34/2014 dated 12.08.2014 on the subject cited above, this Ministry has, on consideration of requests received from various stakeholders, has decided to extend the … Read more