Each the calculation to become produced to the interval all through which the goods carriage is owned with the taxpayer
Entire progress tax is often paid by very last installment of advance tax i.e., 15 March of a 12 months, in case of failure to take action, curiosity is leviable @ one% on shortfall as per Segment 234C
Authorised representative implies a one who signifies An additional individual for the payment right before a tribunal or any authority constituted beneath any law. It does not include an personnel of the individual so represented or even a one who is carrying within the occupation of accountancy
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Portion 44AD – Common textbooks of accounts are for being managed if earnings exceeds The fundamental exemption Restrict and an audit shall be carried out if problems According to provisions of Part 44AB are fulfilled.
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