The 2-Minute Rule for 44 cash
The 2-Minute Rule for 44 cash
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Industry experts pointed out in the portion pays tax on their gross receipts beneath part 44ADA, and they might go for this scheme only if their whole cash flow would not exceed Rs.75 lakhs/50 lakhs.
Presumptive taxation scheme allows the taxpayers declare their taxable profits at a prescribed charge regardless of true earnings/gains and consequently relieves them from your load of preserving typical publications of account and getting the same audited.
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The pursuit ongoing along the dual carriageway till the car was eventually introduced into a controlled cease by officers.
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Both the calculation to generally be produced for the period of time in the course of which the goods carriage is owned via the taxpayer
Overall progress tax can be compensated by very last installment of advance tax i.e., 15 March of a calendar year, in the event of failure to take action, desire is leviable @ 1% on shortfall as per Segment 234C
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Written down price of property may be computed as if depreciation is and it has often been claimed within the assets
Shows the volume of several hours worked and the amount of hours of leave Employed in each classification calendar year so far.
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