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07
Jun

Do you have income from Salaries, Dividends, Interest, Long-term/short-term gain from shares trading

Do you have income from Salaries, Dividends, Interest, Long-term/short-term gain from shares trading Attention all taxpayersAre you feeling overwhelmed with the complexities of filing your income tax returns? Look no further! Alliance Tax Experts is here to simplify the process for you. Whether you have income from 1) Salaries, 2) Dividends,…

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06
Jun

Understanding Tax Implications for Professional Income above 50 Lakhs

Understanding Tax Implications for Professional Income above 50 Lakhs: Expert Guidance from Alliance Tax ExpertsIntroduction:When professional receipts exceed 50 Lakhs, it's crucial to navigate the tax implications effectively. In such cases, professionals are ineligible for the benefits of Presumptive Tax under Section 44ADA. Instead, they must prepare a Profit &…

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