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Explained: Presumptive income tax scheme and why it helps those who find it difficult and expensive to maintain books of accountOnce you file your income under the Presumptive tax plan, you will have to follow the same procedure for the next five years. If a taxpayer disqualifies within one year,…

!! 5 Important questions of Cleansing & Maintenance of Books of Accounts on the occasion of Diwali !!The festival of Diwali is coming; Housewives (Gruhlaxmi’s) are busy cleaning and decorating our homes. Consequently, what ought to be done of previous records of Books of accounts under various Acts, in order that…