No concession in payment of advance tax. Exact same shall be paid out in four installments According to regular progress tax provisions
No, you won't be necessary to maintain books of account as you choose presumptive taxation system.
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If your industry experts assert their revenue for being a lot less than fifty% in their gross full receipts and in addition whenever they exceed the the limit of gross receipt, then they cannot select presumptive taxation.
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Both equally the calculation being built for that period during which the products read more carriage is owned with the taxpayer
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