In the event of Segment 44AE, if taxpayer can be a partnership company, income and desire compensated to companions is permitted as deduction from prescribed cash flow above

Presumptive taxation plan lets the taxpayers declare their taxable income in a prescribed rate irrespective of precise profit/gains and in turn relieves them with the load of maintaining common textbooks of account and getting the identical audited.

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In spite of choosing presumptive plan less than part 44ADA, taxpayer can declare section 80 tax conserving website deductions and investments.

Displays the financial amount of several hours worked and of go away used in Each and every classification through the shell out interval.

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Displays the number of several hours worked and the number of hours of leave Employed in Each individual classification 12 months so far.

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