Taxation for tiffin services

I want to know the taxation for Tiffin services and eligibility threshold

Regards

Sanjeev

 

Replies (2)

SIR, YOU ARE GETTING MONEY FROM THESE SERVICES.IF YES AND  IF YOUR TOTAL INCOME EXCEED THE TAXABLE LIMITS SAY 2,50,000/= YOU HAVE TO LIABLE TO TAX AND FILE RETURN.

SELVARAJ R

My location is Delhi,one of my known CA has suggested to register under composite scheme and take TIN no. , Further till fifty lacs I HV to pay on total turnover @ 5% 

Regards

Sanjeev

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