Benefit for old and new scheme two business person
This query is : Resolved
11 November 2021
Sir,
It assess source of income two types
1.fees collections income
2.sales of medicines income
Question:
Assess benefit of old or new scheme it returns filed two business person.
It assess source of income two types
1.fees collections income
2.sales of medicines income
Question:
Assess benefit of old or new scheme it returns filed two business person.
11 November 2021
Benefit under new or old regime is not dependent on any nature of income or gross income, but depends upon the deductions claimed i.e. investment u/s. 80C, 80D, or business depreciation claim etc.
Thumb rule is, if these claims are less, new regime will be more beneficial.
Thumb rule is, if these claims are less, new regime will be more beneficial.
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