What should be minimum profit in trading business

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Querist : Anonymous

Querist : Anonymous (Querist)

06 January 2014 I client have trading business in cafe. I would like to know what is the minimum profit should be shown in trading business

@VaibhavJ (Expert)
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06 January 2014 Hi

It should be more than 8% to avoid attracting S/44AD.

Thanks

CA Lokesh Pokharna (Expert)
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06 January 2014 general suggestion- it should be consistent as per previous years trends.. and second option is suggested by vaibhav..

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