How Much You Need To Expect You'll Pay For A Good 44 cash
How Much You Need To Expect You'll Pay For A Good 44 cash
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In case of Part 44AE, if taxpayer can be a partnership firm, income and fascination paid out to companions is allowed as deduction from prescribed revenue earlier mentioned
Area 44AE – Frequent guides of account shall be managed and audit shall be carried out irrespective of turnover or earnings.
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The Restrict is elevated to INR 75 lakhs if the full quantity gained in cash will not exceed 5 p.c of the entire gross receipts of these types of previous calendar year.