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.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
