Presumptive taxation for professionals — 50% of receipts treated as profit.
Section 44ADA allows specified professionals (doctors, lawyers, CAs, engineers, architects, consultants) to declare 50% of gross receipts as profit, with no books required. Limit: ₹50 lakh annual receipts (₹75 lakh if cash receipts ≤ 5%). Saves ₹15-30k annual compliance cost.
Self-employed professionals.
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