Indicators on 44 cash You Should Know
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Written down worth of assets is usually computed like depreciation is and it has generally been claimed within the property
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Full website progress tax is usually paid by past installment of progress tax i.e., fifteen March of the year, in case of failure to take action, fascination is leviable @ one% on shortfall According to Portion 234C
In the above mentioned situation, Mr Ram can opt for presumptive taxation In the event the tax is paid on 50% of gross receipts. Therefore, Ram can decide to fork out tax under the presumptive plan of taxation below section 44ADA.
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