1. Courses
  2. Free Income Tax Certification Course


Section 44AD Example Section 44AD Example What is Tax on Turnover of 50 lacs in Case of Proprietorship and Partnership Proprietorship Cash Turnover Cash Turnover 5000000 5000000 Profit 8% Tax 12500 Rebate Partnership Cash Turnover 5000000 Profit 8% 400000 Tax as per Slab Rate Tax becomes 0 because of Rebate Flat Tax @ 30% + Cess No Rebate

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.