The best Side of 44 cash
The best Side of 44 cash
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e. five% of combination of many of the amounts acquired coupled with Utmost Cash Payment limit i.e. five% of aggregate of many of the payments in the year. Therefore, assessee has to make sure calculations for checking the applicability of Tax Audit.
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I'm a chartered accountant, nicely-versed while in the ins and outs of money tax, GST, and preserving the textbooks balanced. Numbers are my thing, I'm able to sift by financial statements and tax codes with the most effective of them. But you can find One more aspect to me – a side that thrives on text, not figures. Go through a lot more
A 44-yr-outdated man has become billed with possessing criminal residence, concealing prison property and getting into into an arrangement to acquire felony property.
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Deduction of remuneration will not be allowed In case the corporations money are taxed beneath the presumptive taxation area 44AD or 44ADA.
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