Composition scheme

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tax cunsultant
417 Points Joined February 2014
Dear sir/ madam,
What is the turnover limit of composition scheme for F.Y 2018-19.?
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On 11 January 2019 at 17:54 Report
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student
952 Points Joined April 2016
1cr. for F.Y. 2018-19
and
1.5cr for F.Y. 2019-20
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On 11 January 2019 at 18:10
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CA Final student
7106 Points Joined April 2018
1.5cr from fy 19-20
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On 12 January 2019 at 00:00
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tax cunsultant
417 Points Joined February 2014
My business turnover is exceeds 1 crore but not 1.5 crore in f.y 2018-19, now I'm in composition scheme. next year also not exceeds 1.5 crore. and i want to stay in composition scheme. can I?
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On 12 January 2019 at 09:00
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accounts
383 Points Joined July 2018
Yes of course you can
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On 12 January 2019 at 09:02
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tax cunsultant
417 Points Joined February 2014
But for f.F.Y 2018- 19 turnover limit is 1 crore know. my turnover exceeds 1 crore.
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On 12 January 2019 at 10:24


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