small interprise income tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2010
if a man has 3 SSI unit and at the end from his busines he creats Rs 150000,100000,200000, as profit, my Qu. is his SSI pay it tax as per thier income, or man will have to pay the tax on Rs.450000/- as per indivisual
12 August 2010
Individual will have to club the income of 3 SSI unit and individual will have to pay tax on toal income as he is the assessee under income tax act.
12 August 2010
IF ALL UNIT ARE RUN BY INDIVIDUAL AS PROPREITOR , THEN ALL UNIT WILL BE CLUB IN HAND OF INDIVUDAL AND HE HAS TO PAY TAX ON TOTAL INCOME
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