Reply must
This query is : Resolved
Guest
Guest
(Querist)
04 May 2012
gud afternoon experts
a men have a Shop of car service .and gross turn over approx 6 lakh.than how he will fill their return my means is that with slab rate or other plz tell me that my calculation is right or wrong
total turn over - 6 lakh
lic- 15 thousand
than calculation is
6 lakh * 8/100=48000
than my tax will be nil bcoz income (48000) less than slab rate
a men have a Shop of car service .and gross turn over approx 6 lakh.than how he will fill their return my means is that with slab rate or other plz tell me that my calculation is right or wrong
total turn over - 6 lakh
lic- 15 thousand
than calculation is
6 lakh * 8/100=48000
than my tax will be nil bcoz income (48000) less than slab rate
06 May 2012
Such man would have no IT liability for total income being below exemption limit
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
