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I'm a chartered accountant, very well-versed from the ins and outs of earnings tax, GST, and retaining the guides well balanced. Quantities are my point, I'm able to sift as a result of economic statements and tax codes with the ideal of these. But there's Yet another facet to me – a aspect that thrives on text, not figures. Browse more
Regardless of opting for presumptive scheme under portion 44ADA, taxpayer can claim segment 80 tax preserving deductions and investments.
Taxpayers declare profits at a prescribed rate in spite of precise income. It is applicable below Portion 44AD, 44AE, and 44ADA for differing kinds of taxpayers and professions.
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