15 July 2014
Hello everyone....
Last year, i had filed ROI on presumptive basis
i-e i have a small business of bag mfg and also,
income from house property....
this year, i have close down the business after a few months of operatin...
i need advise regarding....
1. under which form should i file ROI?
2. Is it appropriate to file ROI on presumptive basis?
almost all transactions are held in cash...
3. Will there be any problem in case of any assessment?