Reg ITR 3 FILING AND 44 AD INCOME
This query is : Resolved
Mayur Shah
(Querist)
25 December 2020
i have calculated income under presumtive under 44 AD of the total tunover of say 4300000 lacs including gst @ 7 % (as all receipts are from banking transaction ) on higher side.
But actual profit is more that that. KIndly advise while filing ITR 3 ( as there is income from house property and salary also) how to show this income .
Mayur shah
But actual profit is more that that. KIndly advise while filing ITR 3 ( as there is income from house property and salary also) how to show this income .
Mayur shah
CA R SEETHARAMAN
(Expert)
26 December 2020
Fill salary schedule and house property schedule of ITR 3. You can show lesser profit of 7% than actual no problem,
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