About 44 cash
About 44 cash
Blog Article
Presumptive taxation scheme relieves smaller taxpayers from sustaining standard publications of account and acquire them audited. Threshold limitations below 44AD and 44ADA elevated in Finances 2023.
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No, It isn't compulsory to decide Section 44AE, it's optional, if you opt for typical provisions, then you may have to take care of books of accounts and obtain a similar audited.
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After deciding on presumptive taxation, if your revenue goes past the set Restrict then You need to Get the publications audited.
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