Sir
Meri proprietorship firm have meri
Usme meri income is ₹ 710000
Tax after relief-36000
Tax paid under tds ,tcs -200000
Refund-164000
1.Will 86b is applicable on me aur not
2. Anyone tell whether rule86b is applicable on cess or not
Tushar Tulsian (124 Points)
29 October 2022Sir
Meri proprietorship firm have meri
Usme meri income is ₹ 710000
Tax after relief-36000
Tax paid under tds ,tcs -200000
Refund-164000
1.Will 86b is applicable on me aur not
2. Anyone tell whether rule86b is applicable on cess or not
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161002 Points)
Replied 31 October 2022
Are you registered under GST?
This Rule 86b, applies only to GST registered taxpayers, whose taxable value of supply (other than exempt supply and zero-rated supply) in a month, is more than INR 50 lakhs.
Tushar Tulsian
(124 Points)
Replied 13 March 2023
Sir
I am gst registered and taxable sale is more than 50lacs per month
CAclubindia
