ABC Private Limited is engaged in the business of software development.
Query
Whether amount pertaining to 'Software Sales' and 'Software Development Charges' shall be as filled in the field 'Sales/ Gross receipts of business or profession (Net of returns and refunds and duty or tax, if any)' in P&L of Form ITR-6.
Ans : ...................
Whether amount pertaining to the following account heads shall be filled in the field 'Other Income' in P&L of ITR-6 :
a. Implementation & Training b. License Fees-Webspace - Receipts c. Other -Devices Interfacing
Ans : ...................
Which is the appropriate field in P&L of Form ITR-6 for the following account heads, which appear after PBT in P&L ?
a. Preliminary Expenses Written Off b. Product Development Expenses Written Off
Ans : ...................
(Is it the only field is 'Provision for Deferred Tax' ?)
18 December 2010
1. yes, it is a gross receipt from business or profession.
2. Regular receipts shall be taken in sales or gross receipts from business or prof. Any other income which comes ones in a blue moon shall be taken to other income.
CAclubindia
