03 October 2014
Rule 3 of POT rules not apply when in case of individual or a partnership firm if the aggregate value of service provided in the previous FY does not exceed Rs 50 lakhs and can opt fro receipt basis POT....
04 October 2014
SIR ONE THING MORE PLEASE IF MY GROSS RECIEPTS REMAIN LESS THAN 50 LACS FOR EVERY YEAR , THEN CAN OPT FOR RECIEPT BASIS UNTIL MY GROSS RECIEPTS EXCEED 50 LACS.