5 Easy Facts About 44 cash Described

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Specialists outlined from the portion will pay tax on their own gross receipts below area 44ADA, and they could go with this scheme only if their full profits does not exceed Rs.75 lakhs/50 lakhs. 

Penned down value of property can be computed as if depreciation is and has often been claimed to the property

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Area 44ADA –  Typical textbooks of accounts are to be preserved and obtain them audited if cash flow exceeds fundamental exemption limit.

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No concession in payment of progress tax. Same shall be paid in 4 installments According to common advance tax provisions

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Investors — significantly eager to see some cash back again — are themselves far more centered on DPIs, appropriately on condition that cash in hand is really worth more than an unrealised IRR from the bush.

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