The 44 cash Diaries
The 44 cash Diaries
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If your taxpayer are not able to choose a presumptive cash flow plan with the five years, i.e. he hasn't complied with part 44AD(4), and his whole income exceeds the amount not chargeable to tax, he is liable to keep up publications of accounts.
Multi-Attract - Pick out Multi-Draw, and you will Engage in precisely the same figures for up to 6 consecutive drawings by choosing the specified range of drawings inside the drop-down menu in phase four. Your ticket will start with the next available drawing and will never skip any drawings.
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The Sugam ITR four can be a simplified return variety to be used by an assessee if he is qualified to declare revenue on a presumptive basis and will not retain textbooks of account u/s 44AD and 44AE. ITR four may be filed employing Cleartax e-filing portal or income tax e-filing portal.
Segment 44AD is actually a presumptive taxation scheme, income might be calculated on The premise of eight% with the turnover( 6% in 44 cash case of electronic receipts and payments) along with the taxpayer contains a reduction for not keeping the textbooks of account.
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