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Complete advance tax may be paid out by past installment of progress tax i.e., 15 March of the 12 months, in the event of failure to take action, fascination is leviable @ one% on shortfall According to Section 234C
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In the above mentioned case, Mr Ram can go with presumptive taxation In case the tax is paid on fifty% of gross receipts. Therefore, Ram can choose to spend tax under the presumptive plan of taxation beneath section 44ADA.
Develop your request to INCLUDE added financial choices that specialise in consolidating unsecured financial debt.
No, you will not be expected to take care of books of account as soon as you go with presumptive taxation technique.
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It had been created since the continuation of historic traditions and Brahman's customs thought that it's got one thing to accomplish Using the Held, The one town pillar ceremony (Held “Lak Muang”) which happens to be manufactured from an Acacia Wooden Chaiyaphreuk (Thai: ชัยพฤกษ์) just before the construction of the town for A serious purpose to build a city and also to be the centre of soul for the citizens.
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