Tax

Dear Sir,

 I am an accountant in a pvt co I want to know some quations

1Tax liability in company find out two types as per under IT act and as per under sec 115JB so  how can I prepare these two computaion

2 

Replies (1)
115JB is applicable if THE NET TASABLE PROFIT OF COMPANY is less than 7.5% of gross turnover, then you have to pay taxes as per the section.

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