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Which itr to be filed for beauty parlour income

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(Querist)
05 March 2018 Which ITR to be filed for income from beauty parlour whose books of accounts are not mentioned for the A.Y. 2017-18 and what will be the nature of business code in ITR return? and whether it is a business or profession income?
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RAJA P M

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RAJA P M (Expert)
05 March 2018 0702Service Sector [Beauty Parlours] You can file normal provision like ITR 3 in AY 17-18.
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Bikram Mandal

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Bikram Mandal (Querist)
05 March 2018 But no Accounts have been maintaining... So what will be the solution in this case?
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RAJA P M

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RAJA P M (Expert)
06 March 2018 You can choose "No Books of Accounts"
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 March 2018 File ITR 4 by opting 44AD and declaring 8% profit no books of accounts required.

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