Proprietor bussiness

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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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