{"id":1522,"date":"2025-06-18","guid":{"rendered":"https:\/\/APNOKACA.com\/blog\/?p=105601"},"modified":"2025-06-18","slug":"easy-tax-rules-for-small-businesses-professionals-fy-2024-25-","status":"publish","type":"post","link":"https:\/\/APNOKACA.com\/blog\/easy-tax-rules-for-small-businesses-professionals-fy-2024-25-","title":{"rendered":"Easy Tax Rules for Small Businesses & Professionals (FY 2024-25)"},"content":{"rendered":"\n
<\/div>
<\/i> Income tax <\/a>

Easy Tax Rules for Small Businesses & Professionals (FY 2024-25) <\/h1> <\/div>

This comprehensive blog post provides a detailed overview of the presumptive taxation schemes under Sections 44AD and 44ADA of the Income Tax Act, 1961, for the Financial Year 2024-25 (Assessment Year 2025-26). It explains the eligibility criteria, benefits, and important considerations (like the 5-year rule) for small businesses and professionals. Additionally, it clarifies the requirements for maintaining books of accounts under Section 44AA and the applicability of tax audits under Section 44AB, including the enhanced turnover limits. The blog aims to simplify complex tax provisions, helping taxpayers make informed decisions for better compliance and tax planning. <\/p>

<\/figure> <\/div> <\/div> <\/section>
<\/div> Krishna Gopal Varshney <\/a>

An editor at Myitronline<\/p> <\/div>