Top latest Five 44 cash Urban news
Top latest Five 44 cash Urban news
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Deduction of remuneration will not be allowed When the companies income are taxed beneath the presumptive taxation area 44AD or 44ADA.
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I am a chartered accountant, nicely-versed during the ins and outs of cash flow tax, GST, and holding the textbooks balanced. Figures are my point, I am able to sift by means of economic statements and tax codes with the top of these. But you will find An additional facet to me – a facet that thrives on text, not figures. Read more
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Shows the volume of hrs worked and the number of several hours of go away used in Every single classification year to date.
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Quick Financial loan Immediate highlights the importance of an emergency fund and quick monetary alternatives for rapid desires.
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In accordance with Section 44ADA, a freelancer who may have chosen the Presumptive Plan is needed to declare fifty% of their gross profits as money. It is actually feasible to report income to be a predetermined proportion of receipts without retaining any accounting information.