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regarding income tax
sale of garments 565000 purchased of garments is 876000.i am dealing in garments business.can I liable to pay income tax
Replies (3)
No, if that be your only income source..
Unless your gross income from all sources doesn't exceed 2.50L (for <60yrs age); you are not liable for any tax..
sirf business income mai tax lagega
Income pe tax lagta hai, per 2.50 lakhs se uper ho tab.
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