WHAT DOES 44 CASH MEAN?

What Does 44 cash Mean?

What Does 44 cash Mean?

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On the other hand, to supply aid to tiny taxpayers within the monotonous task of maintaining textbooks of account and acquiring them audited, money tax law has released the principle of presumptive taxation scheme.

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Authorised representative implies a one who represents An additional man or woman for just a payment just before a tribunal or any authority constituted under any legislation. It doesn't include things like an personnel of the person so represented or perhaps a individual who is carrying on the profession of accountancy

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Section 44ADA is a Particular provision for calculating the taxable revenue for little industry experts in particular circumstances.

Precisely what is presumptive taxation? A presumptive taxation is really a procedure during which a authorities assumes a particular share of the turnover/gross receipts as your taxable money irrespective of the bills incurred.

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