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Presumptive taxation under Sec 44ADA simplifies tax calculation for small professionals. Part 44ADA outlines principles and benefits, with limitations revised in Funds 2023.Getting many of your own personal forex, Particularly USD (which can be Employed in neighbouring nations around the world), will get monetary savings, Even though travellers do

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Will I be permitted any deduction for any expenditure incurred for investments and insurance premium beneath Section 80C and 80D, if I opt for presumptive taxation?Towards the extent this boosts the stress on private equity resources to capitulate, reducing pricetags to obtain property out the doorway, it will eventually harm extended-term function

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