No Tax upto Income of 7 lacs.
Kk Nair (172 Points)
01 February 2023
Is No Tax upto income of 7 lakhs applicable to both Old as well as New Regime?
6 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(184652 Points)
Replied 01 February 2023
Only New Tax regime..
MPR Sanjay Kumar
(3142 Points)
Replied 01 February 2023
@ honourable Dhirajlal Lal rambhia sir , I made a title of " statement of profit and loss account for the year ended 31.3.2020 " and for balance sheet " statement of balance sheet for the year ended 31.3.2020" ....
one of my senior tells no this wrong ,you should have to put " As on"
so which is correct title giving p l and bs
one of my senior tells no this wrong ,you should have to put " As on"
so which is correct title giving p l and bs
MPR Sanjay Kumar
(3142 Points)
Replied 01 February 2023
Oh! so As on is the correct professional format for P& l and BS ..iam I correct Dhirajlal sir??
Komal Khemchandani
(49 Points)
Replied 01 February 2023
P n l is for the year but bal sheet is as on the date
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