My Friend is doctor , and his gross receipt is around 15 lakhs Rs. if i File ITR u/s 44ADA then i have to show minimum 50% profit , but if i don't opt 44ADA and choose ITR 3 then also i have to show minimum 50% Profit ??
27 December 2020
Yes if you don't want tax audit than apply 50% MINIMUM PROFIT gross receipts you can file itr 3 or Itr 4 but income should be 50% for non audit case .
CAclubindia
