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This query is : Open
vinod kumar pal
(Querist)
06 May 2017
Dear sir please tell me if i have 10% income of digital payment & 15% of other mode then any issue create by deptt
Amol S Joglekar
(Expert)
07 May 2017
No, not really provided you follow the % as provided in the said section.
vinod kumar pal
(Querist)
07 May 2017
it means not action taken by deptt
CA Rashmi Gandhi
(Expert)
07 May 2017
You have to declare minimum 6% of your gross turnover or gross receipts on digital payment & min 8% on receipts from other mode. You can declare higher income if u want. There is no issue in declaring higher income but if u want to declare less than minimum presumptive income than u have to audited your accounts from a CA.
vinod kumar pal
(Querist)
07 May 2017
thanks all experts
Message likes :
1 times
Amol S Joglekar
(Expert)
07 May 2017
you are most welcome.
CA Rashmi Gandhi
(Expert)
07 May 2017
Pleasure is all mine
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