The 5-Second Trick For 44 cash

There are already numerous attempts by prior governments to create an SEZ in Tak as being the province is actually a centre of border trade with Myanmar, which also connects for the Indian current market.

No, you won't be required to take care of guides of account when you finally opt for presumptive taxation procedure.

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In the above mentioned illustration, the total receipt is down below the revised/enhanced presumptive Restrict of Rs. seventy five lakh as well as cash receipt is below five% of the entire check here receipts.

If an assessee satisfies any of the following criteria, then they need to maintain textbooks of accounts and get accounts audited beneath part 44AB:

No concession in payment of advance tax. Identical shall be paid out in four installments According to normal progress tax provisions

Deduction of remuneration is not really permitted In case the corporations money are taxed beneath the presumptive taxation segment 44AD or 44ADA.

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