No concession in payment of progress tax. Exact same shall be paid out in 4 installments as per regular advance tax provisions
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Presumptive taxation techniques To alleviate modest taxpayers are offered under Segment 44AD, 44ADA and 44AE. While Portion 44ADA is for industry experts Area 44AD and 44AE issues compact enterprise taxpayers. Allow us to have an understanding of them in detail.
If an assessee satisfies any of the subsequent conditions, then they must sustain books of accounts and get accounts audited less than part 44AB:
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