Tea

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Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2014
I'M TEA MAKER AND MY TURNOVER IS 250000.
AM I SUBJECT TO INCOME TAX

Guest

Guest (Expert)

14 June 2014 Turnover doesnt makes u liable towards income tax dear....

its your profit which makes u liable for income tax... so kindly tell your profit

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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14 June 2014 if ur total income exceeds the basic exemption slab then only ur liable to tax.........

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Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2014 BUT MY DOUBT IS HOW GOVT. CAN KNOW ABOUT IT.

Guest

Guest (Expert)

14 June 2014 and my doubt is why u want to hide it... whats the benefit of hiding this dear.

Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2014 I HIDE BECAUSE NON PAYMENT OF TAX BENEFICIAL FOR ME

Guest

Guest (Expert)

14 June 2014 does your profit is in excess of the basic exemption limit....if yes ... and u r hiding then its your choice dear... i cant comment on that.........

Querist : Anonymous

Querist : Anonymous (Querist)

14 June 2014 THANK U
..............................

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