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The whole variety of candles lit over the menorah during the Jewish holiday getaway of Chanukah, which starts off to the 25th day from the Hebrew thirty day period of Kislev and finishes about the 2nd or the 3rd working day of Tevet.
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Area 44ADA is a Unique provision for calculating the taxable revenue for compact professionals in sure situation.
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Shows the amount of several hours worked and the volume of hrs of go away Utilized in Just about every classification yr up to now.
Soon after opting for presumptive taxation, If the money goes outside of the established Restrict then It's important to Obtain your publications audited.
Segment 44AD – As per Area 44AD, in which a taxpayer opts for presumptive taxation plan for any of the monetary yr he is needed to continue to choose for a similar for subsequent 5 a long time. If he fails to do so, he will not be qualified to go for presumptive taxation plan u/s 44AD for five years succeeding the year through which he opts out. Additional, with respect to Individuals 5 fiscal many years where taxpayer is ineligible to go for presumptive taxation scheme u/s 44AD, normal books of account should be taken care of and audit shall be executed if full money exceeds primary exemption limit.