Composition scheme
This query is : Resolved
07 October 2017
DEAR EXPERTS
ASSESSEE IS A RETAILER WHO SELLS CRACKERS IN THE MONTHS OF SEPTEMBER AND OCTOBER EVERY YEAR IN HIS PLACE( MOSTLY IN THE SAME SHOP). HE HAS NO OTHER BUSINESS.
CAN HE GO FOR COMPOSITION SCHEME OR SHOULD HE GET REGISTERED AS A CASUAL TAXABLE PERSON
PLEASE REPLY
ASSESSEE IS A RETAILER WHO SELLS CRACKERS IN THE MONTHS OF SEPTEMBER AND OCTOBER EVERY YEAR IN HIS PLACE( MOSTLY IN THE SAME SHOP). HE HAS NO OTHER BUSINESS.
CAN HE GO FOR COMPOSITION SCHEME OR SHOULD HE GET REGISTERED AS A CASUAL TAXABLE PERSON
PLEASE REPLY
07 October 2017
He has to get registration as casual taxable person only, he cannot apply for composition scheme.
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