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Your SSN is employed solely to verify your identification and ensure the integrity of the application. See our Privacy Plan to check out how we share your SSN with lenders. How can I realize that my SSN will not be compromised?
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Section 44AD – According to Portion 44AD, where by a taxpayer opts for presumptive taxation plan for virtually any of the financial year he is necessary to continue to decide for the same for upcoming 5 several years. If he fails click here to take action, he won't be eligible to choose presumptive taxation plan u/s 44AD for 5 several years succeeding the year through which he opts out. Additional, with respect to People five money several years exactly where taxpayer is ineligible to select presumptive taxation scheme u/s 44AD, frequent textbooks of account have to be managed and audit shall be carried out if overall income exceeds simple exemption limit.