44 cash - An Overview
44 cash - An Overview
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Both equally the calculation being designed for the interval in the course of which the products carriage is owned because of the taxpayer
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Presumptive taxation schemes To ease compact taxpayers are presented under Portion 44AD, 44ADA and 44AE. Though Section 44ADA is for professionals Part 44AD and 44AE concerns small company taxpayers. Allow us to understand them in detail.
Immediately after choosing presumptive taxation, In the event your profits goes over and above the set limit then You will need to Get the guides audited.
Shows the amount of several hours labored and the number of several hours of leave used in Every classification yr to this point.
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If an assessee meets any of the following requirements, then they need to sustain guides of accounts and get accounts audited underneath segment 44AB:
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