Income tax 44 ad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 July 2013 sir if someone show his turnover more than 10lakh in his income tax return from bussiness&profession u/s 44 ad then will he would be liable for tin no under sales tax act?

sir please solve my query as soos as possible.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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19 July 2013 If, he is liable according to the provisions of State Vat Tax Act, he should get it. Generally in case of small traders , VAT department is also not bothered as he is not claiming VAT credit or collecting VAT.
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So, let the matter be kept as it is.
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