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service tax on tour operator and air travel agent

Service tax on tour operator and service tax on travel agent both are covered under different rules. In this article, we will understand these rules. The article is also helpful for common man to understand service tax on travelling expenses and tour packages.You can understand following points in this article: Definition of tour operator,

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Section 44AD ( presumptive taxation): The ultimate guide

Section 44AD provides special provisions to compute business profit at presumptive basis. Section 44AD has five sub section. Understanding of each one is necessary.Section 44AD is used many assessee while showing business profit. If you are one of them, please read carefully the important points about section 44AD applicability. Definition of section 44AD as

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