Margin scheme
This query is : Resolved
22 September 2022
i.e
Purchase on Margin Scheme
Exempted 10000
Taxable 500
Tax @ 18% 90
Total 10590
Sales
Exempted 10590
Taxable 500 (Profit)
Tax @18% 90
Total 11180
its Correct...
Purchase on Margin Scheme
Exempted 10000
Taxable 500
Tax @ 18% 90
Total 10590
Sales
Exempted 10590
Taxable 500 (Profit)
Tax @18% 90
Total 11180
its Correct...
CA R SEETHARAMAN
(Expert)
22 September 2022
Yes, it's right.......,
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