The 2-Minute Rule for 44 cash
The 2-Minute Rule for 44 cash
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The title of a mysterious savior of Poland prophesied by the Polish nationwide poet Adam Mickiewicz in his masterpiece dramatic poem Dziady (Forefathers): In scene 5 of act three, the priest Piotr announces a "reviver of your country" who is to carry again the missing independence of Poland, and describes him Using these words and phrases:
six% of complete turnover or gross receipts of the tax yr received by account payee cheque/lender draft, ECS by way of bank account on or before due day of submitting the return of profits
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No, It isn't Obligatory to choose Portion 44AE, it is actually optional, if you opt for typical provisions, then you might require to take care of guides of accounts and obtain the identical audited.
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In the above mentioned illustration, the whole receipt is down below the revised/improved presumptive limit of Rs. 75 lakh and the cash receipt is fewer than 5% of the entire receipts.
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If an assessee meets any of the following requirements, then they need to sustain publications of accounts and get accounts audited under part 44AB:
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