Rumored Buzz on 44 cash
Rumored Buzz on 44 cash
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Full progress tax can be compensated by previous installment of advance tax i.e., 15 March of a yr, in case of failure to do so, desire is leviable @ 1% on shortfall According to Section 234C
All deductions for company expenditures are considered to are already allowed. At the time profits are taxed at 50% of your gross receipts, the balance of fifty% is considered to get authorized towards every one of the small business fees in the assessee.
I dont Consider 22k THB fairly represent comfy regular of living. I Individually invest all around 150k only for me and my 2 canine.
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No concession in payment of progress tax. Similar shall be paid out in 4 installments as per standard advance tax provisions
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In the above scenario, Mr Ram can select presumptive taxation When the tax is paid on 50% of gross receipts. Consequently, Ram can opt to pay tax beneath the presumptive plan of taxation below segment 44ADA.
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