Not known Factual Statements About 44 cash
Not known Factual Statements About 44 cash
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What exactly is presumptive taxation? A presumptive taxation is usually a technique by which a government assumes a certain share within your turnover/gross receipts as your taxable cash flow no matter the fees incurred.
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The earliest verified occurrence of the title Lavapura is on silver cash inscribed "lava" around the obverse and "pura" over the reverse inside of a Pallava-derived script of the seventh or eighth century; numerous such coins were recovered in 1966 from the hoard found in an historical jar in U Thong.[9][ten]
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Inspite of picking presumptive plan below portion 44ADA, taxpayer can claim area eighty tax conserving deductions and investments.
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The published down value (WDV) of property for tax needs shall be calculated as from the depreciation has actually been authorized each year. This WDV can be the value of your asset for tax functions in the circumstance where by the asset is offered later on by the assessee.