Mr. Anish has been operating a proprietorship business located at Lalitpur Metropolitan City, his sales and taxable income was Rs 2,600,000 and Rs…
BBA Taxation and Auditing · 2025 · Solved Question with Answer
Mr. Anish has been operating a proprietorship business located at Lalitpur Metropolitan City, his sales and taxable income was Rs 2,600,000 and Rs 300,000 respectively. He had adopted to be presumptive tax payer.
Required: Determine the tax liability with explanation as he is a presumptive taxpayer.