44 cash No Further a Mystery
44 cash No Further a Mystery
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Deduction of remuneration is not really authorized When the firms earnings are taxed under the presumptive taxation segment 44AD or 44ADA.
Portion 44AE – Frequent books of account shall be maintained and audit shall be performed irrespective of turnover or earnings.
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In this article, we are able to Assess his taxable cash flow under ordinary provisions as well as presumptive plan as under:
I'm a chartered accountant, very well-versed during the ins and outs of profits tax, GST, and trying to keep the textbooks well balanced. Quantities are my thing, I'm able to sift by means of financial statements and tax codes with the best of them. But there is A different side to me – a facet that thrives on text, not figures. Read through far more
In the above mentioned illustration, the total receipt is below the revised/increased presumptive Restrict of Rs. seventy five lakh as well as the cash receipt is below five% of the entire receipts.
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Presumptive taxation techniques To alleviate small taxpayers are offered less than Segment 44AD, 44ADA and 44AE. While Segment 44ADA is for pros Part 44AD and 44AE issues modest business enterprise taxpayers. Let's understand them intimately.
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As a Senior plan Manager, HR, the amount of wage really should I request? I am relocating from Bangalore get more info to Bangkok. We have been two adults and a couple of kids studying while in the 9th grade.
Be sure to Have in mind stay at your property to save cash mainly because 25,000 THB included all primary demands is extremely restricted for my part(consume frequent Cook dinner food stuff not instantaneous noodle day to day).
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