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Published down worth of assets could be computed like depreciation is and has normally been claimed within the property
Overall advance tax is often paid out by final installment of advance tax i.e., fifteen March of a yr, in the event of failure to do so, fascination is leviable @ 1% on shortfall According to Area 234C
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Having said that, to provide relief to tiny taxpayers with the monotonous occupation of preserving textbooks of account and receiving them audited, profits tax regulation has launched the strategy of presumptive taxation plan.
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Both the calculation to generally be designed to the time period through which the products carriage is owned with the taxpayer
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The phrases for several of the consents have improved. To continue to get details you need to update your consents.