Menu
online business
if i have a shopping page on instagram ,sales not more than 50-60k on annual basis, what will be the sales,material purchase and other expenses accounting treatment .
Replies (1)
Accounting is usual as if you own a shop.
note that the GST on the sales will be paid by ecomm portal and it will adjust the same in your payment.
50000 business annually !! you be relaxed as tax department will not issue notice to small traders..
regards
Recent Topics :
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
- Gst refund
- Compliance under Society Act 1860
- Hi experts need help
- How to object stamp duty value if property is sold
- Residential House property and it's loan can shown
- Income Tax Department Website Error While Importin
Related Topics :
CAclubindia
