With complicated electronic equipment, there is about a 10% cost for a service contract. Service companies can. service at that rate and still make a profit. That should be the upper limit of the special equipment maintenance ratio.
If your income is above the exemption limit of Rs. 2,50,000/- last date of filing of Income Tax return is July,2017 for the Financial Year 2016â17. If your income from business is exceeding Rs. 1 Crore or from profession it is exceeding Rs.25 Lakhs last date of filing of Income Tax return is September, 2017.
April 15 is a date burned into our brains: the drop-dead deadline to file our taxes or at least pay what we figure we owe for last year even if we get an extension to finish the paperwork later. But in 2017, the official tax day is actually three days later, April 18. Hereâs why: April 15 is a Saturday. The tax deadline is always postponed when it falls on a weekend or legal holiday. April 16 is also on the weekend, so itâs clearly not taking on the mantle of Tax Day.