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Movable residence gained which FMV nearly Rs 50000 in a single year is just not taxable inside the hand of recipient. However, if amount and benefit exceeds Rs 50000 than full been given amount of money and assets price is going to be taxable.#39 Banking. You provide them with all your cash, they use it to help make on their own extra money, cost y
Segment 44ADA offers a straightforward approach to taxation for smaller gurus. Segment 44ADA offers a scheme of presumptive taxation for earnings and gains arising from professions pointed out beneath Part 44AA(one) in the Cash flow Tax Act, 1961.Sure, a person can assert good thing about Segment 44AD and Segment 44ADA simultaneously if he/she has