Presumptive Taxation by CA Srinivasan Anand G. is a section-wise guide to the presumptive taxation schemes under the Income-tax Act 2025, the Income-tax Rules 2026 and the Finance Act 2026. It explains how the familiar provisions of the 1961 Act – Sections 44AD, 44ADA, 44AE, 44B to 44BBD and the tonnage tax scheme – have been merged into Section 58 for residents, Section 61 for non-residents and Sections 225 to 235 for tonnage tax.
Each chapter compares the old and new law for the eligible assessee, the presumptive rate, TDS and GST aspects, compliance, opting in and out, and tax audit requirements. With 81 FAQs, case studies and four appendices, the 2nd Edition (2026) is a practical transition guide from Tax Year 2026-27 for small businesses, professionals, transporters, chartered accountants and tax return preparers. Paperback, 328 pages.
