regarding income tax

24 July 2018

sale of garments 565000 purchased of garments is 876000.i am dealing in garments business.can I liable to pay income tax

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182282 Points)
Replied 24 July 2018

No, if that be your only income source..

Unless your gross income from all sources doesn't exceed 2.50L (for <60yrs age); you are not liable for any tax..

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kundan singh (99 Points)
Replied 24 July 2018

sirf business income mai tax lagega

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182282 Points)
Replied 25 July 2018

Income pe tax lagta hai, per 2.50 lakhs se uper ho tab.

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