Additionally, you will be needed to spend interest less than Sections 234B and 234C If you don't shell out advance tax because of the fiscal calendar year's fifteenth of March.
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Presumptive taxation strategies to relieve little taxpayers are offered underneath Portion 44AD, 44ADA and 44AE. Whilst Segment 44ADA is for gurus Portion 44AD and 44AE worries small business taxpayers. Let us recognize them intimately.
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Take note: Any volume paid Through progress tax on or prior to 31st working day of March shall also be dealt with as progress tax paid out throughout the fiscal yr ending on that working day.
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Deduction of remuneration will not be permitted When the companies earnings are taxed underneath the presumptive taxation segment 44AD or 44ADA.
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