hello.. I m running electronics shop... my net profit for fy 2018-19 comes 861000...tht attract big amount of income tax...turnover was approx. 8000000.
I m composition dealer... is there any way to reduce income tax??
hello.. I m running electronics shop... my net profit for fy 2018-19 comes 861000...tht attract big amount of income tax...turnover was approx. 8000000.
I m composition dealer... is there any way to reduce income tax??
You can file your return under Section 44AD of Income Tax as your Turnover does not exceed Rs 2 crore.
Hi Gaurav, I have the best solution to your problem. If you really want to reduce the amount of your income tax then you can search about TradenFill on Google. They have the best solution to your problem. I have also the same kind of problem and they helped me so much in this case.
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Kolkata
CA Inter
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