if propritor business ????
then how much profit is taxable???
Proprietor bussiness
Vardan Singh Sengar (Accounts Manager in Private Company) (433 Points)
09 March 2013
Vardan Singh Sengar (Accounts Manager in Private Company) (433 Points)
09 March 2013if propritor business ????
then how much profit is taxable???
satish kumar Chauhan
(accountant)
(344 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
IS N'T IT DIRECT 30 % TAXABLE ???
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