Maximum and minimum profit d

A Doctor fees collections from patients rs:2.50 cores up to February-22.
question:
a doctor advance tax payment purpose maximum and minimum profit show in f.y.21-22.
Replies (3)
Quick Summary
This discussion clarifies how to determine the maximum and minimum profit for a doctor's advance tax payment in FY21-22. It stresses that profit must be based on verifiable book accounts, not arbitrary figures. A minimum profit of 50% is suggested for professions to prevent frequent tax scrutiny.

Profit should not be as per your wish..

Profit should be as per the books of accounts supported by evidence..

Estimate the total income pay advance tax as per the slab rates
Profit show rs:12 lacs reasonble
Profit should not be as per your wish..

Profit should be as per the books of accounts supported by evidence..

Minimum 50% profit should be there for profession.Else it will go to scrutiny assessment frequently

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