Taxation And AuditingTU Board 2024
Ms. Dahal has been operating a proprietorship business located at Birgunj Metropolitan City, her sales and taxable income was Rs 3,000,000 and Rs 300,000 respectively. She had adopted to be…
2Ms. Dahal has been operating a proprietorship business located at Birgunj Metropolitan City, her sales and taxable income was Rs 3,000,000 and Rs 300,000 respectively. She had adopted to be presumptive tax payer.
Required: Determine the tax liability with explanation as she is a presumptive taxpayer.
A worked answer is on its wayMeanwhile, read the Taxation And Auditing notes for this topic.
Discussion
Loading…
More Taxation And Auditing questions
Define direct tax with example.TU Board 20252What do you understand by Permanent Account Number (PAN)?TU Board 20252Define output VAT with suitable example.TU Board 20252What are the difference sources of income as per the Income Tax Act, 2058?TU Board 20252Define tax audit with suitable example.TU Board 20252Ramesh a citizen of Pakistan came to Nepal on 1st Magh 2080 and stayed here till Baisakh last 2081. He earned Rs 200,000 as consultancy fees. Required:…TU Board 20252