About 44 cash

If an assessee meets any of the following criteria, then they need to preserve publications of accounts and obtain accounts audited under section 44AB:

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The whole quantity of candles lit around the menorah through the Jewish getaway of Chanukah, which starts to the twenty fifth working day on the Hebrew month of Kislev and finishes about the 2nd or maybe the third day of Tevet.

In the above mentioned situation, Mr Ram can go for presumptive taxation When the tax is compensated on 50% of gross receipts. Therefore, Ram can decide to fork out tax underneath the presumptive scheme of taxation under area 44ADA. 

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Section 44ADA presents an easy way of taxation for small experts. Area 44ADA offers a scheme of presumptive taxation for profits and gains arising from professions mentioned under Portion 44AA(one) in the Profits Tax Act, 1961.

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The identify of a mysterious savior of Poland prophesied with the Polish nationwide poet Adam Mickiewicz in his masterpiece remarkable poem Dziady (Forefathers): In scene 5 of act 3, the priest Piotr announces a "reviver of the nation" that is to convey back the missing freedom of Poland, and describes him with these words:

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Indeed, you'll be able to decide equally Segment 44AD and Portion 44ADA jointly, For those who have income from business enterprise and also specified experts.