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Self help group under it act

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 December 2018 If a Self Help Group Earns Rs. six lakhs -per annum then it is taxable under the IT Act?. Is it taxable as BOI ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 December 2018 Yes it's taxable as BOI.

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