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Portion 44ADA – Typical guides of accounts are to get managed and obtain them audited if revenue exceeds simple exemption limit.
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You will also be needed to pay desire below Sections 234B and 234C if you do not spend advance tax because of the fiscal year's fifteenth of March.
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Of course. For those who owe in excess of INR 10,000 click here in taxes with the fiscal 12 months, You must pay advance tax. Rather than making 4 payments in regular situations, you will need to shell out progress tax on or before March fifteenth For those who have chosen a presumptive taxation procedure under area 44AD or 44ADA.
Whole advance tax can be compensated by very last installment of advance tax i.e., 15 March of the 12 months, in the event of failure to do so, interest is leviable @ 1% on shortfall as per Portion 234C
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The cash Calculator finds the whole amount of cash by including up the sum of every denomination of bills and coins. Greenback bills are usually called "banknotes" or "notes" so we use these terms within our revenue calculator.
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