240k thb can be adequate to are in the ghetto a month not recommended.Jointly my spouse and I built 635k thb every month hardly scraping by.
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Entire advance tax can be compensated by previous installment of progress tax i.e., 15 March of a 12 months, in the event of failure to do so, fascination is leviable @ 1% on shortfall as per Area 234C
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You should stay and do your do the job at your dorm and brew your coffee by yourself. You obtain a nicer espresso, less expensive rate for every cup and even more private put. If you would like some noisy bordering just open youtube and look for espresso playlist.
Inspite of deciding on presumptive plan underneath portion 44ADA, taxpayer can claim segment 80 tax preserving deductions and investments.
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The presumptive plan of taxation cuts down the compliance stress on little professions and facilitates relieve of performing small business. Underneath the presumptive plan of taxation, profits/taxable earnings is presumed at fifty% with the gross receipts.
Section 44ADA – Common textbooks of accounts are to get taken care of and have them audited if income exceeds essential exemption limit.
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Presumptive taxation plan allows the taxpayers declare their taxable money at a prescribed fee irrespective of genuine income/gains and subsequently relieves them within the burden of retaining typical books of account and receiving the exact audited.
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