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Payment of tax under compounding

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2014 EXEMPTED TURNOVER IS 80 LAKHS AND TAXABLE TURNOVER IS 40 LAKHS WHEHTER I CAN PAY TAX UNDER COMPOUNDING AS PER TAMILADU VAT
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
02 December 2014 Composition of tax scheme is always for the entire turnover.So,you have to go for regular scheme only.....mjk

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