my sales for f. y is 71 lakh.
received is 64 lakh.
in p&l sales is 54 lakh.
so.. how to calculate ITR.
all payment received in cheques. and on which percentage hv to calculation can done ?
4 Replies
Ruby Kumari
(72 Points)
Replied 11 August 2019
Your NET income shall be considered as 8% of your turnover (net income will be considered 6% in case of digital receipts).
manoj kacha
(133 Points)
Replied 11 August 2019
bcz my receipts is on cheques, so I can calculate my net income as per 6 % ?
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