08 August 2013
sir, madam a lab. contractor whose gross total inc in fy 2011-12 was 20lac,filed itax ret 4s .since he was nt maint books of acc.8% of gross receipts. now in the fy 2012-13 ,he maintain books of acc and gross receipts comes to 18lacs. is he liable for audit ?since receipts are less as compared to last year .can he file regular itr 4 ret? plz ans my query
CAclubindia
