if propritor business ????
then how much profit is taxable???
Proprietor bussiness
Vardan Singh Sengar (Accounts Manager in Private Company) (433 Points)
09 March 2013
2 Replies
satish kumar Chauhan
(accountant)
(347 Points)
Replied 09 March 2013
In case of propritor ship business. the proft taxable in hand of proprier. tax slab as under:-
Up to 2.00 Lac Tax NIL
2.00 lac to 5.00 Lac Tax @ 10%+3 % Ecess
5.00 To 10.00 lac Tax @ 20%+3% Ecess
Above 10.00 lac Tax @ 30%+3% Ecess
Vardan Singh Sengar
(Accounts Manager in Private Company)
(433 Points)
Replied 09 March 2013
THANK YOU SIRJEE,
IS N'T IT DIRECT 30 % TAXABLE ???
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