What Does 44 cash Mean?
What Does 44 cash Mean?
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e. 5% of aggregate of all the quantities obtained as well as Highest Cash Payment Restrict i.e. five% of mixture of the many payments over the yr. Hence, assessee has for making sure calculations for checking the applicability of Tax Audit.
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Be aware: Any sum compensated by way of advance tax on or right before 31st working day of March shall also be treated as advance tax paid throughout the economical 12 months ending on that day.
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I'm a chartered accountant, perfectly-versed inside the ins and outs of earnings tax, GST, and holding the publications well balanced. Quantities are my issue, I am able to sift via fiscal statements and tax codes with the best of these. But there is certainly Yet another facet to me – a side that thrives on words, not figures. Examine additional
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