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Deduction of remuneration is not really allowed if the corporations income are taxed beneath the presumptive taxation portion 44AD or 44ADA.
Now town is finest known for the thousands of crab-consuming macaques (Macaca fascicularis) that live in the course of the town, especially across the Khmer temple, Prang Sam Yot as well as a Khmer shrine, Sarn Phra Karn. It is suspected that urban enlargement triggered the monkeys to adapt to town daily life.
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In the above situation, Mr Ram can select presumptive taxation if the tax is paid on 50% of gross receipts. For this reason, Ram can prefer to fork out tax beneath the presumptive scheme of taxation less than section 44ADA.