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Less than Part 44AD of presumptive taxation, smaller taxpayers with fewer than Rs 2 crore of turnover are certainly not essential to keep up guides of accounts and their earnings are presumed for being 8% in their turnover.Part 44AD – Normal guides of accounts are to be preserved if income exceeds The fundamental exemption Restrict and an audit s
FRA will think about any opinions with the applicant, In combination with the other information and facts, in producing a judgment about the applicant's integrity, business enterprise ethics, and report of efficiency beneath federal awards when finishing the evaluation of danger posed by applicants as explained in 2 CFR 200.206The subsequent posts