Itr4 schedule bp
This query is : Resolved
02 November 2011
In the AY 2010-11 if my business turnover is 8,00,000 and as per 44AF my deemed profit would be 40,000(5% of 8,00,000), but booked or declared profit is 1,05,300(13.16%). Now please explain me what amount sould be filled in col.A33iii in schedule BP of ITR4 for the AY 2010-11.
02 November 2011
105300 should be filled,
sec specified the minimum profit to be declared, no uppper ceiling
sec specified the minimum profit to be declared, no uppper ceiling
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