The smart Trick of 44 cash That No One is Discussing

For this reason the taxpayer can decide for that presumptive taxation scheme beneath portion 44ADA and also the taxable revenue chargeable is fifty% of the whole receipts. 

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To the deal with of it, shifting concentrate in the direction of distributions to paid-in capital around interior costs of return is bewildering given how badly the field is executing on the two.

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No concession in payment of progress tax. Identical shall be compensated in four installments According to conventional progress tax provisions

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After deciding on presumptive taxation, Should your revenue goes beyond the set limit then It's important to get your textbooks audited.

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this clause shall have impact as if more info for your terms “just one crore rupees”, the text “five crore rupees” had been substituted; or 

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