DETAILS, FICTION AND 44 CASH

Details, Fiction and 44 cash

Details, Fiction and 44 cash

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Presumptive taxation less than Sec 44ADA simplifies tax calculation for tiny pros. Area 44ADA outlines procedures and benefits, with limits revised in Finances 2023.

In the above illustration, the entire receipt is underneath the revised/elevated presumptive Restrict of Rs. 75 lakh and the cash receipt is less than 5% of the whole receipts.

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