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Beneath Portion 44AD of presumptive taxation, modest taxpayers with a lot less than Rs two crore of turnover are usually not expected to maintain textbooks of accounts as well as their earnings are presumed to be eight% in their turnover.
Whole advance tax is often paid by past installment of pro
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Part 44AD – Normal publications of accounts are to generally be managed if money exceeds The fundamental exemption Restrict and an audit shall be completed if disorders According to provision
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