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regarding income tax

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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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