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Accountancy Forum The Profession Tax v
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Minimum Tax

 
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Minimum Tax
Information Consultant
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Posts: 311
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#3
12-20-2011, 10:23 PM
Thanks
One more thing where should we show our receipts against sec 153 ( min tax ) .Should we mention it in Annex B or show proper receipt and expenses,Calculate tax liability on the basis of this?
For eg

our recipts u/s 153 Rs 100000
cost of receipts 30000
Tax deducted 6 % 6000 min tax
Tax on cash with drawal 200
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Messages In This Thread
Minimum Tax - by Information Consultant - 12-20-2011, 12:55 AM
[No subject] - by student_of_law - 12-20-2011, 07:45 PM
[No subject] - by Information Consultant - 12-20-2011, 10:23 PM
[No subject] - by student_of_law - 12-20-2011, 10:58 PM

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