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regarding scheme business

This query is : Resolved 
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(Querist)
30 June 2009 I want to know that
any person doing schemes business
and recd. monthly installments and given gits and other ites.

as per income tax act

what proceedure
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Venkat Rao Marella

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Venkat Rao Marella (Expert)
01 July 2009 No seperate procedure. Just you need to apply basic accounting concepts & compute tax as per Income Tax provisions.

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