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Both equally the calculation for being manufactured to the period of time during which the goods carriage is owned via the taxpayer
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Make sure you Take note every single effort has actually been produced in order that the enclosed details is exact; even so, within the celebration of an error, the profitable quantities and prize amounts while in the official information of your Ga Lottery Corporation shall be managing.
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The presumptive plan of taxation lowers the compliance burden on small professions and facilitates relieve of accomplishing business enterprise. Beneath the presumptive scheme of taxation, earnings/taxable profits is presumed at fifty% of the gross receipts.
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No concession in payment of advance tax. Exact same shall be paid out in 4 installments as per typical advance tax provisions
(“Owns” also consists of products carriage taken on retain the services of or installment wherever the quantity payable is still due)
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