44 cash Options
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In the above scenario, Mr Ram can go for presumptive taxation If your tax is paid out on fifty% of gross receipts. That's why, Ram can prefer to pay back tax beneath the presumptive plan of taxation under portion 44ADA.
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this clause shall have impact just as if with the text “a person crore rupees”, the terms “5 crore rupees” had been substituted; or
Through this period, the marketplace is quite energetic with locals and travellers. It’s a great time for you to explore the stalls.