19 July 2024
Sir i have a business of refurbished mobiles and i calculate tax on profit margin. Example: purchase=1,00 000, sale=1,05,000 Profit margin=5,000 My query is the i will show profit margin in B2C Rs. 5,000 under taxable value but where to show sale value under Nil Rated or Exempted or 0% ?
CAclubindia
