tax return
MIDHUN VM (Student CA IPC / IPCC) (13 Points)
08 July 2018
kindly tell me the income tax return for retailers who have turnover less than 5 L
3 Replies
Nitya Kabra
(7 Points)
Replied 08 July 2018
it depend on the type of person and whether he has opt presumptive taxation or not
Vinod Babu
(24196 Points)
Replied 08 July 2018
small business traders doing business in manufacturing, wholesale,retail or trading, can opt for presumptive scheme of taxation u/s 44AD,
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 08 July 2018
Yes... Income above BEL then filing required as per income...
If eligible business then You can opt u/s 44ad otherwise you can go with regular...
If eligible business then You can opt u/s 44ad otherwise you can go with regular...
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