Non account case in itr-4 form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2016
Dear Sir,
Gross receipt from business more than 5 Lac and less than 10 lac and profit is 25 % of gross receipt, whether is it correct to show under non account case in ITR-4 Form, in case of books of account are not maintained by the person ?? and it is not, then when to use non account case ??
Gross receipt from business more than 5 Lac and less than 10 lac and profit is 25 % of gross receipt, whether is it correct to show under non account case in ITR-4 Form, in case of books of account are not maintained by the person ?? and it is not, then when to use non account case ??
05 March 2016
Dear
You can file itr 4s in the case.
You can file itr 4s in the case.
05 March 2016
No account case cannot be opted in ITR-4 since the annual income is 1.25.000 ( 25% of 5,00,000) which exceeds the threshold mentioned in section 44AA(2).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
