A/c entries

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Hello  every body,

                  My client is hossiary business. how can i maintain their account?

Please help me.? base on entries.

Replies (2)

for total turnover is upto 60 lacs they have not to maintain any books of account , they have simply paid 8 % profit amount as incometax. if they does not want to pay 8% as profit then they have to make audit of accounts and maintain books of account.

thank you , nikhil sir

my client total turnover is 20 lakhs. can i give the composition scheme for sale tax(vat)?and how many percentage pay on total turnover in composition shceme?


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