21 June 2016
I have filled ITR 4 and shown income from commision amounting Rs 145000. The return was nil return I have got notice 139(9) and advised there to fill Balance sheet & profit & Loss. what should to do.
21 June 2016
If your Income is less than the prescribed limit u/s 44AB, Audit is not applicable. Then you have to just fill the assets & liabilities of your business in the ITR 4 Balance sheet.