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In the above mentioned illustration, the whole receipt is beneath the revised/improved presumptive limit of Rs. 75 lakh and the cash receipt is fewer than five% of the whole receipts.
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The cash Calculator finds the whole amount of cash by including up the sum of each denomination of bills and cash. Greenback charges are customarily known as "banknotes" or "notes" so we use these conditions inside our funds calculator.
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Here, we could Assess his taxable cash flow beneath typical provisions plus the presumptive plan as below:
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