legalraasta12
legalraasta12
WHAT IS PRESUMPTIVE INCOME?
PRESUMPTIVE INCOME- To bring small taxpayers, who earlier didn’t pay taxes and don’t have the resources to maintain the books of accounts, into the income tax net can opt for the Presumptive Taxation Scheme. Under this scheme, a fixed percentage of accrued gross receipts is considered as income a...
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Uploaded on February 11, 2017
WHAT IS PRESUMPTIVE INCOME?
PRESUMPTIVE INCOME- To bring small taxpayers, who earlier didn’t pay taxes and don’t have the resources to maintain the books of accounts, into the income tax net can opt for the Presumptive Taxation Scheme. Under this scheme, a fixed percentage of accrued gross receipts is considered as income a...
12
views
0
faves
0
comments
Uploaded on February 11, 2017