ITR-4

This query is : Resolved 

13 August 2010 if assesse not maintain books of account than how count incometax,accountant says total income 8% count as incomee in this case

13 August 2010 Only maintain total sales figure.

13 August 2010 Agtee with expert You have to just maintain the records of sales and the presumtive Income tax Provision of Sec 44AD will be applicable.


13 August 2010 But the total To need to be less than 40 lakhs during the FY

13 August 2010 Ofcourse Vivek.
From F. Y. 2010 - 11 Rs. 60 lakhs.

Also i think this clause is w. e. f. F. Y. 2010 - 11 onwards.

15 August 2010 YES,ABOVE LIMIT IS EFFECTED FROM 01.04.2010.



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