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Income tax

Accountancy

Sir . for example ice cream trading enterprise has made a profit of 10 lakh .it is sole trading form of organization.sole trader/owner withdraw 3lakh from business.now owner has to pay income tax for 10 lakh or 3 lakh.


Shreesha .T.u

Shreesha .T.u

CA Foundation

2K+

22-Feb-21 06:49

313

Answers (1)

10 lakhs


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

22-Feb-21 10:47

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