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small interprise income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 August 2010 if a man has 3 SSI unit and at the end from his busines he creats Rs 150000,100000,200000, as profit, my Qu. is his SSI pay it tax as per thier income, or man will have to pay the tax on Rs.450000/- as per indivisual
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Ratan Sharma

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Ratan Sharma (Expert)
12 August 2010 Individual will have to club the income of 3 SSI unit and individual will have to pay tax on toal income as he is the assessee under income tax act.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
12 August 2010 IF ALL UNIT ARE RUN BY INDIVIDUAL AS PROPREITOR , THEN ALL UNIT WILL BE CLUB IN HAND OF INDIVUDAL AND HE HAS TO PAY TAX ON TOTAL INCOME
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