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6% of overall turnover or gross receipts of the tax yr gained by account payee cheque/financial institution draft, ECS via bank account on or right before thanks day of submitting the return of income

Partnership firms (Notice that constrained legal responsibility partnerships usually are not qualified to choose Segment 44ADA)

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In case of Part 44AE, if taxpayer is really a partnership company, income and desire compensated to companions is authorized as deduction from prescribed income over

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