Sole proprietor

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 April 2015 hello,
Have some confusion in Tax computation of a sole proprietor business,

Which sections are relevant while computing the tax liability of a sole proprietorship business? I mean the sections on the basis of which additions or deletions would be made to the Net Profit in the P&L a/c.

thanks in advance.

23 April 2015 The provisions are contained in Sections 30 to 43D.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 April 2015 Thanks Paras ji!

Appreciate if you would answer the same question as posted above in the context of a partnership firm.





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