The Restrict is amplified to INR 75 lakhs if the entire quantity received in cash does not exceed five percent of the full gross receipts of these kinds of former yr.

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All of fourteen cash changers of this chain are in get more info close proximity to vacationer places or fast paced purchasing areas, together with one particular kiosk at Bangkok Suvarnabhumi Airport.

The prepared down benefit (WDV) of property for tax uses shall be calculated as on the depreciation has become allowed every year. This WDV might be the value of the asset for tax uses inside of a situation where by the asset is sold later on with the assessee.

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Presumptive taxation below Sec 44ADA simplifies tax calculation for smaller specialists. Portion 44ADA outlines guidelines and Positive aspects, with restrictions revised in Budget 2023.

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I’m the founding father of Put together Travel Options web site―a vacation junkie who loves to discover new sites and experience nearby cultures.

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On my vacation web page, you'll gain insights from my personal outings to diverse destinations. Get to learn more about Bangkok, Singapore, South Korea, and Tokyo with the assistance of my blog site.