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BUSINESS INCOME ITR

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(Querist)
20 September 2022 One of my client has shown a turnover of Rs.16Lakh and accordingly filed its return in AY 2020-21 showing 8%of profit and nil tax hence.
Now he is into job and doesn't have business income..any implications can arise in future?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
20 September 2022 No implications in such a case.

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