What Does 44 cash Mean?
What Does 44 cash Mean?
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If all of the circumstances specified higher than are fulfilled, but the profit declared is less than 8% then is Tax Audit necessary?
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Overall advance tax can be compensated by previous installment of advance tax i.e., 15 March of the 12 months, in the event of failure to take action, interest is leviable @ 1% on shortfall According to Part 234C
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Authorised agent means a person who signifies One more human being to get a cost before a tribunal or any authority constituted less than any regulation. It doesn't consist of an employee of the individual so represented or even a one who is carrying within the profession of accountancy
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No, It isn't compulsory to decide Segment 44AE, it is optional, if you choose for standard provisions, Then you definately may have to maintain guides of accounts and have exactly the same audited.
After you check here are matched using a lender, along with your financial loan is authorised, the desire rates and charges that you're going to incur through repayment are going to be presented to you.
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The presumptive scheme of taxation cuts down the compliance stress on little professions and facilitates relieve of performing company. Under the presumptive plan of taxation, gains/taxable income is presumed at 50% of your gross receipts.