DETAILED NOTES ON 44 CASH

Portion 44AD – As per Part 44AD, exactly where a taxpayer opts for presumptive taxation plan for virtually any in the fiscal 12 months he is needed to continue to choose for the same for next five yrs. If he fails to take action, he will not be eligible to select presumptive taxation plan u/s 44AD for five years succeeding the calendar year by wh

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