13 January 2017
I noticed in news that if your turn over is 2 crore or approx 2 crore. You can seem 6 of your turn over as an income then submit income tax. No any other procedure papers will be asked. Is it true Please give the details Thankyou in anticipation
13 January 2017
IT IS PRESUMPTIVE TAX UNDER SEC 44AD WHICH IS 8% NOW IT MADE 6% FOR THOSE WHO ARE DEALING COMPLETE CASH LESS TRANSACTIONS I.E ADOPTING DIGITALIZATION.