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Equally the calculation to generally be made for your period throughout which the goods carriage is owned via the taxpayerNevertheless, to offer relief to little taxpayers from your tedious position of keeping books of account and receiving them audited, revenue tax regulation has launched the idea of presumptive taxation plan.Authorised consultant
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Underneath Portion 44AD of presumptive taxation, compact taxpayers with under Rs 2 crore of turnover usually are not necessary to keep up guides of accounts as well as their earnings are presumed being eight% of their turnover.You should Observe each effort and hard work has actually been produced to ensure that the enclosed information and facts i
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