Turnover- 1 Cr, TAX- 22,500 Only? 🤯
57.3 هزار بار بازدید -
2 سال پیش
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As per Section 44AD a
As per Section 44AD a you can chose to pay presumptive tax on your profit. Which is 6% of your Annual Turnover as per 44AD.
*8% when Turnover is in Cash.
So 6% of 1 Cr is 6 Lakh.
So he needs to pay tax on 6 Lakh income only. Which is Rs. 22,500.
2.5 L to 5 L (5%) Rs. 12,500
5L to 6L (10%) Rs. 10,000
Total Rs. 22,500
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*8% when Turnover is in Cash.
So 6% of 1 Cr is 6 Lakh.
So he needs to pay tax on 6 Lakh income only. Which is Rs. 22,500.
2.5 L to 5 L (5%) Rs. 12,500
5L to 6L (10%) Rs. 10,000
Total Rs. 22,500
Got to know something new? Share and Subscribe ❤
#tax #incometax #smallbusiness #freelancer #shorts #india #finance #financeshorts
2 سال پیش
در تاریخ 1401/05/20 منتشر شده
است.
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