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Nonetheless, to provide relief to modest taxpayers through the tiresome occupation of preserving guides of account and finding them audited, income tax legislation has launched the strategy of presumptive taxation scheme.
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A forty four-12 months-outdated gentleman is billed with possessing criminal property, concealing criminal house and entering into an arrangement to amass prison property.
This is required of every lender underneath the Fact in Lending Act. For those who conform to the costs and fees, the lender will immediate you to definitely an e-signature webpage, and also your loan will be processed.
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No, it is not Obligatory to choose Section 44AE, it's optional, if you opt for normal provisions, Then you definitely might require to keep up textbooks of accounts and get the same audited.
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Sure, an individual can assert benefit of Area 44AD and Portion 44ADA at the same time if he/she has cash flow from more info equally career in addition to company.
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