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Detailed Notes on 43 cash

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Area 44AD – As per Portion 44AD, in which a taxpayer opts for presumptive taxation plan for just about any in the money 12 months he is necessary to carry on to opt for the same for next 5 years. If he fails to do so, he won't be eligible to choose presumptive taxation scheme u/s 44AD for 5 yrs succeeding the year in which he opts out. Further, w

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