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registration and composition

Registration 196 views 1 replies
turnover from pharmacy business by selling medicines 32 lacs p.a
rental income from property 5 lacs p.a

in above case what would be registration limit and is composition available and what tax rate is applicable for the above 2 incomes.
Replies (1)
20 lac limit and if u opt composition then govt notified new composition scheme for supply of services and supply of goods both @ of 6 % please also consult your CA and Advocate


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