[ad_1] At least 25 people were killed by lightning or landslides in Bangladesh over the weekend, while millions were left homeless or homeless in low-lying areas. monsoon Officials said floods have happened in the country’s recent history. In the neighboring Indian state of Assam, at least 17 people were killed during a wave of floods […]
Tax effect if business income exceeds 50 lakhs
[ad_1] If a person’s business receipts exceed Rs. 50 lakh – profit of Presumptive tax under section 44ADA cannot be taken. In such a case, the individual would be required to prepare a Profit and Loss Account and Balance Sheet as well as get himself audited by a Chartered Accountant. Compliance to be made in […]