The 2-Minute Rule for 44 cash
The 2-Minute Rule for 44 cash
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No concession in payment of progress tax. Similar shall be paid out in four installments as per standard progress tax provisions
No, you will not be necessary to maintain textbooks of account once you go for presumptive taxation system.
What is presumptive taxation? A presumptive taxation is often a procedure during which a authorities assumes a specific percentage within your turnover/gross receipts as your taxable money irrespective of the expenses incurred.
Certainly, somebody can claim advantage of Section 44AD and Segment 44ADA concurrently if he/she has money from the two occupation in addition to small business.
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Giving an employer telephone number noticeably will increase your probability of acquiring a loan. Should you be on Advantages, You may use the contact number of the government Office environment that gives your Added benefits. Enter Employer Telephone
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Presumptive taxation beneath Sec 44ADA simplifies tax calculation for smaller gurus. Area 44ADA outlines policies and Rewards, with limits revised in Budget 2023.
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