composition scheme
percy (B.Com) (370 Points)
12 July 2018
what r the chances of new services too be included in composition scheme as proposed in next meeting
2 Replies
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 12 July 2018
There are high chances as it is a taxpayer-friendly measure. Max service 1 can provide under composition scheme is 10% of the turnover or 5 lakhs, whichever is higher if the new proviso is inserted.
percy
(B.Com)
(370 Points)
Replied 12 July 2018
ok..thank.yoiji...n what abt printing and Xerox bissiness chances of inclusion
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