EASYOFFICE
EASYOFFICE

Profit increased compulsory every year

This query is : Resolved 

15 March 2022 Sir,
1.A Gst registered and it returns filed business person sales turnover and GP and NP increased compulsory every year.
2.sales turnover rs:2 crores person maximum and minimum gp and net profit show in it returns.

16 March 2022 It's not compulsory to show higher turnover and profit every year.
2 crore turnover show 8% profit or opt for tax audit in case of lower profit.



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