The best Side of 44 cash
The best Side of 44 cash
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In accordance with Part 44ADA, a freelancer who has selected the Presumptive Plan is necessary to declare 50% of their gross revenue as earnings. It's feasible to report income like a predetermined proportion of receipts without having keeping any accounting information.
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No, it is not Obligatory to decide Part 44AE, it can be optional, if you choose for normal provisions, Then you certainly might require to keep up guides of accounts and obtain the identical audited.
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