A Simple Key For 44 cash Unveiled
A Simple Key For 44 cash Unveiled
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Area 44ADA was introduced to extend the scheme of simplified presumptive taxation to specified pros. Earlier, the presumptive plan of tax was out there only to modest corporations.
Investors — progressively eager to see some cash again — are by themselves more focused on DPIs, the right way provided that cash in hand is worthy of much more than an unrealised IRR inside the bush.
In the above mentioned situation, Mr Ram can go for presumptive taxation In case the tax is paid out on fifty% of gross receipts. For this reason, Ram can prefer to fork out tax underneath the presumptive plan of taxation under segment 44ADA.
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