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.
Note: If the last day to file falls on a Saturday, Sunday, or holiday, the due date of the return is the next business day. October 19, 2013 is the last day the IRS will accept retransmissions of corrected fiscal year Form 1041 returns that were previously transmitted but were rejected. Note: If the last day to file falls on a Saturday, Sunday, or holiday, this will be the due date of the return, not the next business day.