TAX LIABILITY
subhagan sreerangam (7056 Points)
13 October 2017subhagan sreerangam (7056 Points)
13 October 2017
anonymous
(student)
(750 Points)
Replied 13 October 2017
TURNOVER IS 6.54 ONLY..
OLD ORNAMENTS PURCHASED WILL FORM PART OF RAWMATERIAL
subhagan sreerangam
(7056 Points)
Replied 13 October 2017
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 13 October 2017
Originally posted by : subhagan sreerangam | ||
He pay Tax₹.6540/- only or ₹ 6540+5430,=11870 |
Yes... You are exactly correct...
He ll be pay tax on sales Rs. 6540 & Pay tax on RCM basis Rs. 5430....
But, He ll be less the 5430 to 6540...
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961