Itr 7
This query is : Resolved
03 July 2019
In Itr 7 under application of income a new coloumn is inserted whereby it is required to provide the source of revenue expenditure. My query is that whether we have to enter the total gross receipt or only the expenditure amount. Example gross receipt rs 100 expenditure rs 80 so what we will enter umder source of revenue expenditure Rs 80 or 100. Please guide.
03 July 2019
In schedule ER clause E, Rs. 80 has to be filled in sl no 1 to 5 as the case may be.
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04 July 2019
Thanks sir for the guidance
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