Sec. 44ad
This query is : Resolved
01 March 2014
Assesse has supply business. if presumptive income more than 8% declared u/s Sec.44AD, Is it necessary to fill up the information in the ITR form under the Head
"In a case where books of accounts of business or profession are not maintained"
"In a case where books of accounts of business or profession are not maintained"
01 March 2014
if you are filing under 44AD, then prefer using ITR4S.
however, where you have any other business (which is not eligible under 44AD) and you are filing ITR4, then will have to provide details in balancesheet and P&L sheet for non-books maintenance cases.
however, where you have any other business (which is not eligible under 44AD) and you are filing ITR4, then will have to provide details in balancesheet and P&L sheet for non-books maintenance cases.
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01 March 2014
Thank you sir for your valuable advice.
01 March 2014
you are welcome Goswami...
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