For Commission Income ITR 3 is to be filled. Now in this case do we need to fill entire balance sheet and profit and loss if Gross Receipt is 4,40,000 /- (approx) and net profit after expenses is 2,35,000/- (approx)?
If books of accounts are not to be maitained can we fill only limited figures under books not to be maintained for balance sheet and P&L?
18 July 2024
Check the same for earlier three years, if income under PGBP not exceeded BSL, then you can declare the income under 'No books of account maintained.'
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