Hello every body,
My client is hossiary business. how can i maintain their account?
Please help me.? base on entries.
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A/c entries
Replies (2)
for total turnover is upto 60 lacs they have not to maintain any books of account , they have simply paid 8 % profit amount as incometax. if they does not want to pay 8% as profit then they have to make audit of accounts and maintain books of account.
thank you , nikhil sir
my client total turnover is 20 lakhs. can i give the composition scheme for sale tax(vat)?and how many percentage pay on total turnover in composition shceme?
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