In the above mentioned illustration, the whole receipt is below the revised/enhanced presumptive limit of Rs. seventy five lakh as well as cash receipt is a lot less than five% of the overall receipts.
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Authorised agent means a individual who signifies One more man or woman for your charge just before a tribunal or any authority constituted below any legislation. It doesn't contain an staff of the person so represented or maybe a one who is carrying around the career of accountancy
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Most homes have some danger of normal disasters, and should be impacted by weather transform due to increasing temperatures and sea here amounts.
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Shows the monetary quantity of hrs labored and of leave Utilized in Each and every class throughout the shell out interval.
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Area 44AE – Regular publications of account shall be taken care of and audit shall be completed regardless of turnover or cash flow.
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