Income tax for an optical business
Kasang James ( Accountant) (105 Points)
24 September 2015Kasang James ( Accountant) (105 Points)
24 September 2015
Miss Rinkal
(Student)
(1309 Points)
Replied 24 September 2015
As in what is the status of assessee if not a company. And how is the income earned like commission or so?
Please clarify as exact point of your question is still not clear?
Kasang James
( Accountant)
(105 Points)
Replied 25 September 2015
Miss Rinkal
(Student)
(1309 Points)
Replied 25 September 2015
Would it be a proprietary business or a partnership business. In personal taxation, income tax. In case of business, income tax, vat, service tax, profession tax
Kasang James
( Accountant)
(105 Points)
Replied 25 September 2015
Miss Rinkal
(Student)
(1309 Points)
Replied 25 September 2015
As I said earlier, you will be subjected to vat, service tax, profession tax and your personal income tax return