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Income Tax For Senior Citizens: How to File For AY 2026-27
Your total turnover should be below 75 lakhs........ and you are not allowed to charge any GST on sell, but pay 1% on your sell value !!!
No Input Tax Credit under the Composit Scheme.
You can not raise Tax Invoice Also.
You have to pay tax from your pocket (Company Revenue) for your turnover @ 0.50%
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