Income tax return in case of doctors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2013
hi
good evening
By profession I am consulting dentist.
Now i want to file ITR.
So can i file ITR 4 as profession without books of a/c.
Is there any compulsion on Doctors to maintain books of a/c.
good evening
By profession I am consulting dentist.
Now i want to file ITR.
So can i file ITR 4 as profession without books of a/c.
Is there any compulsion on Doctors to maintain books of a/c.
25 June 2013
Yes sir, it is compulsory to maintain Books of Accounts in your case in such a way that that enables the AO to compute your Total Income.
.
Also, there are certain prescribed records like Daily Patient Register, which are to be compulsorily maintained.
.
ITR4 is ok. But no books of Account case does not apply to your case.
.
.
Also, there are certain prescribed records like Daily Patient Register, which are to be compulsorily maintained.
.
ITR4 is ok. But no books of Account case does not apply to your case.
.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2013
Thanks paras sir,
So can file ITR 4 In Following format
Gross recipt
Gross Profit
expences
Net profit.
As profession without books of account
So can file ITR 4 In Following format
Gross recipt
Gross Profit
expences
Net profit.
As profession without books of account
25 June 2013
Dear Doctor, it is must for Medical Practitioners to maintain there books of accounts and prepare balance Sheet.
The columns u mentioned are for those who are not required to maintain books of accounts but not in your case.
You better consult a C.A. and prepare a Balance Sheet
CA. Raghav Garg
raghav@ggassociates.in
The columns u mentioned are for those who are not required to maintain books of accounts but not in your case.
You better consult a C.A. and prepare a Balance Sheet
CA. Raghav Garg
raghav@ggassociates.in
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