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Returns 30-day refund/replacement thirty-day refund/substitution This item can be returned in its initial condition for an entire refund or substitute inside thirty days of receipt. You could possibly receive a partial or no refund on applied, weakened or materially various returns. Go through total return policy
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Portion 44ADA – Frequent books of accounts are to get taken care of and get them audited if revenue exceeds fundamental exemption limit.
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Presumptive taxation scheme lets the taxpayers declare their taxable revenue in a prescribed level regardless of actual income/gains and subsequently relieves them through the stress of keeping normal guides of account and getting the similar audited.
Complete advance tax may be paid out by past installment of advance tax i.e., 15 March of a yr, in the event of failure to take action, desire is leviable @ one% on shortfall as per Part 234C
Of course, an individual can claim advantage of Section 44AD and Section 44ADA at the same time if he/she has money from both job and business enterprise.
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