Proprietor bussiness

if propritor business ????

then how much profit is taxable???

 

 

Replies (2)

In case of  propritor ship business. the proft taxable in hand of proprier. tax slab as under:-

Up to 2.00 Lac  Tax NIL

2.00 lac to 5.00 Lac Tax @ 10%+3 % Ecess

5.00 To 10.00 lac Tax @ 20%+3% Ecess

Above 10.00 lac Tax @ 30%+3% Ecess

 

THANK YOU SIRJEE,

IS N'T IT DIRECT 30 % TAXABLE ???

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