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Business return

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25 December 2007 Dear Sir,

As one my relative is a rickshaw driver, he want to file his income tax return to get the housing loan. Whether is it right to consider his income under business head ?

If yes , then whether he is also require to file Balance sheet,P & L A/c along with return? Whether he can file return for last 3 years now?

25 December 2007 Yes, it is as usual business income calculation



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