Ratio analysis
This query is : Resolved
02 October 2013
i want to file Income Tax Return for my Professional Income , please kindly tell me that how much Net profit i can show in my Profit and loss account..
how much net profit i can show in Professional Income ???
how much net profit i can show in Professional Income ???
Ajay Mishra
(Expert)
02 October 2013
Its depend on your income that how much you have received as income.
If your income is less than Rs. 10,00,000 then you are free to take service tax registration.
In your Statement of Income and Expenditure will only shows your professional income.
If your income is less than Rs. 10,00,000 then you are free to take service tax registration.
In your Statement of Income and Expenditure will only shows your professional income.
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