What is presumptive taxation? A presumptive taxation is really a method by which a authorities assumes a particular percentage of your turnover/gross receipts as your taxable earnings irrespective of the costs incurred.
No, you will not be demanded to maintain guides of account as soon as you select presumptive taxation process.
Authorised consultant means a one that signifies A further human being for your cost ahead of a tribunal or any authority constituted underneath any regulation. It does not contain an staff of the person so represented or a one who is carrying about the job of accountancy
Penned down worth of assets is usually computed as though depreciation is and it has constantly been claimed on the belongings
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The pursuit continued alongside the dual carriageway until eventually the car was eventually introduced into a managed halt by officers.
No concession in payment of advance tax. Very same shall be compensated in four installments as per standard progress tax provisions
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