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In the above situation, Mr Ram can select presumptive taxation When the tax is compensated on fifty% of gross receipts. Consequently, Ram can opt to fork out tax underneath the presumptive scheme of taxation below area 44ADA.
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Be sure that you have an understanding of the policy prior to deciding to e-signal for just a financial loan. Every condition has principles and restrictions in place that payday lenders should abide by when assessing fees for late payments.
The pursuit ongoing alongside the dual carriageway until eventually the vehicle was finally introduced to your controlled cease by officers.
After you are matched using a lender, plus your personal loan is accredited, the curiosity premiums and charges that you'll incur throughout repayment will be presented to you personally.
Additionally, you will be needed to spend fascination beneath Sections 234B and 234C If you don't pay back progress tax via the fiscal 12 months's fifteenth of March.
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Portion 44AE – Normal textbooks of account shall be maintained and audit shall be performed no matter turnover or cash flow.
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