05 April 2016
if a person has gross reciepts of Rs.3085000 and net profit of Rs.247500.u/s 44 AD is he liable to file his return of income for A.Y 2015-16????
05 April 2016
He will not liable, but he should file otherwise get informative notice & Then will have to file Return.. Further its on our benefit to make clients to file ITR .. (Just a joke apart)
CAclubindia
