Below taxablew limit
This query is : Resolved
17 August 2012
sir
If the assessee does not maintain books of a/c i.e. income & expenditure a/c, cash books etc and the assessee's income from business below taxable limit then is it possible to fillup itr4 without showing the expenses because he need not to pay taxes? kindly give me replies sir.thanks
If the assessee does not maintain books of a/c i.e. income & expenditure a/c, cash books etc and the assessee's income from business below taxable limit then is it possible to fillup itr4 without showing the expenses because he need not to pay taxes? kindly give me replies sir.thanks
17 August 2012
Fill ITR-4S. Its easy and small. You only have to fill only apprx. income.
18 August 2012
sir
thanks for replies.
all the assessee doing business or profession including various agent can fillup itr 4S they need not to show expenses according to above questions? advice me sir.
thanks for replies.
all the assessee doing business or profession including various agent can fillup itr 4S they need not to show expenses according to above questions? advice me sir.
18 August 2012
Your welcome...
There is no issue in filling ITR-4S. But why are you are confused.
There is no issue in filling ITR-4S. But why are you are confused.
19 August 2012
sir
I am confused because I have also a answer
that commission holder agent does not fill itr4s they fill up u/s 28 after deducting expenses u/s 37. clear me sir
I am confused because I have also a answer
that commission holder agent does not fill itr4s they fill up u/s 28 after deducting expenses u/s 37. clear me sir
19 August 2012
If you have commission income then fill ITR-4 yet in balance sheet and profit & loss a/c.
There are 4 column. If the Clint doesn't maintain books of accounts.
There are 4 column. If the Clint doesn't maintain books of accounts.
20 August 2012
sir
As you said that fill itr4 in no a/c section only four coloum but I come to know
that sec 44aa rule 6F said that the assessee need not maintain booksa of a/c if he has income from business or profession less then 120000 or turnover or gross receipt less then 1000000 and in this case the assessee have gross receipt 190000. I have a answer that you need to maintain of a/c. clear me sir.
As you said that fill itr4 in no a/c section only four coloum but I come to know
that sec 44aa rule 6F said that the assessee need not maintain booksa of a/c if he has income from business or profession less then 120000 or turnover or gross receipt less then 1000000 and in this case the assessee have gross receipt 190000. I have a answer that you need to maintain of a/c. clear me sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST Regis.
- Tds on building rent monthly
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
