Sale FY 2023-24

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Pivate
1492 Points Posted on 22 August 2023
Sir,

FY 2023- 24 Turnover sale will be Rs.80 Lacs so if we declare 8% Profit can we go for NEW regime slab. where no income tax up to 7 Lacs

please suggest
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On 22 August 2023 at 16:09 Report
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Quick Summary
This discussion addresses whether a turnover sale of Rs. 80 Lakhs in FY 2023-24, with an 8% profit declaration, qualifies for the new tax regime. The consensus is that it does, allowing for the income tax exemption up to Rs. 7 Lakhs.

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"Do the Right Thing...!!!"
128157 Points Posted on 22 August 2023
Yes, You can.
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On 22 August 2023 at 17:01
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Pivate
1492 Points Posted on 22 August 2023
Thank you Raja Sir,
1 Reply
On 22 August 2023 at 19:29
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"Do the Right Thing...!!!"
128157 Points Posted on 22 August 2023

You are most welcome Dear 

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On 22 August 2023 at 19:31

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