Itr 5 for ca sole proprietorship
This query is : Resolved
20 July 2018
Dear Experts,
My principal asked me file his sole proprietor return. I would like to ask whether itr 5 is applicable or not as his income is 9lacs for the py17-18. what is amount to be taken as income and deduction eligible
My principal asked me file his sole proprietor return. I would like to ask whether itr 5 is applicable or not as his income is 9lacs for the py17-18. what is amount to be taken as income and deduction eligible
20 July 2018
ITR 5 is applicable to firms, LLPs (Limited Liability Partnership), AOPs (Association of Persons) and BOIs (Body of Individuals)
Dhirajlal Rambhia
(Expert)
14 October 2021
For sole proprietorship go with ITR 3.
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