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In the above mentioned situation, Mr Ram can go with presumptive taxation In the event the tax is paid out on fifty% of gross receipts. Consequently, Ram can prefer to shell out tax under the presumptive plan of taxation below area 44ADA.
In the above illustration, the entire receipt is under the revised/enhanced presumptive Restrict of Rs. 75 lakh and also the cash receipt is less than 5% of the whole receipts.
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The full variety of candles lit on the menorah over the Jewish holiday break of Chanukah, which starts off to the 25th working day of the Hebrew month of Kislev and ends over the 2nd or the third day of Tevet.
Taxpayers declare cash flow at a prescribed charge irrespective of true profits. It is actually relevant below Segment 44AD, 44AE, check here and 44ADA for differing kinds of taxpayers and professions.
Following deciding on presumptive taxation, In the event your money goes beyond the set Restrict then You should Obtain your books audited.
Of course, you can choose both equally Portion 44AD and Segment 44ADA together, In case you have money from company and specified professionals.
X-Just one is found just 300m away from the favored tourist attraction Patpong. If you can get all around in Bangkok by MRT, it is possible to alight at Samyan station and wander about seven minutes to achieve X-Just one.
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