Not known Factual Statements About 44 cash
Not known Factual Statements About 44 cash
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Beneath Portion 44AD of presumptive taxation, smaller taxpayers with lower than Rs two crore of turnover are usually not necessary to maintain guides of accounts and their income are presumed to become 8% in their turnover.
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Due to the fact Mr. P declares money under that defined inside the presumptive earnings plan in the course of the FY 2023-24, he opts to report his money as per common computation.
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Portion 44AE – Frequent books of account shall be maintained and audit shall be performed no matter turnover or earnings.
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Shows the quantity of several hours worked and the number of hours of go away Employed in Just about every group over the spend interval.
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If, in any draw, you will find more than 7 major prize winners and at least one particular next prize winner, both equally the top and next prizes might be pari-mutuel.