240k thb can be plenty of to reside in the ghetto monthly not recommended.Jointly my wife And that i produced 635k thb every month barely scraping by.

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Anyone carrying on qualified organization or profession below Portion 44AD or 44AE or 44ADA and claims profit reduce as opposed to prescribed earnings, will not be permitted to benefit from the relief supplied for maintenance of textbooks of account and audit.

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No concession in payment of progress tax. Same shall be paid out in 4 installments as per common advance tax provisions

Health and fitness Insurance policy, everyday living insurance policies, and 1 round journey per year is extra from previously mentioned described income.

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Nevertheless, to supply relief to tiny taxpayers with the laborous career of maintaining textbooks of account and acquiring them audited, earnings tax legislation has released the notion of presumptive taxation scheme.

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Of course, a person can assert advantage of Part 44AD and Section 44ADA concurrently if he/she has money from the two occupation and also small business.

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