Hello Sir,
My question is if I am filling income tax return of a professional person whos total income is 20 lakhs + 18% GST = 23,60,000, then I have to calculate 50% tax on 20 lakhs or on 23.60 lakhs?
Thanks.
sameer shaikh (Accountant) (70 Points)
13 June 2025Hello Sir,
My question is if I am filling income tax return of a professional person whos total income is 20 lakhs + 18% GST = 23,60,000, then I have to calculate 50% tax on 20 lakhs or on 23.60 lakhs?
Thanks.
sameer shaikh
(Accountant)
(70 Points)
Replied 14 June 2025
Thank you for your reply.
Only GST comes.... He provide professional service and dont have any GST purchase but he charge GST on sale.
SHIRISH S S
(Proprietor)
(1078 Points)
Replied 14 June 2025
GST should not be taken for calculating TDS as well as turnover.