I am filling ITR 3 for my business, DO i need BOOKS OF ACCOUNTS for ITR 3 ?
My business turnover is less than 20 lakh
Books of accounts for itr 3 ?
Sam Singh (Others) (163 Points)
25 July 2018
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 25 July 2018
If you have not maintained Books of accounts, then you need to opt the option of 'books not maintained' and fill only required details while filling ITR3
Sam Singh
(Others)
(163 Points)
Replied 25 July 2018
Is 'books not maintained' its ok in ITR 3 ? NO issue will come ?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 July 2018
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 26 July 2018
Sam Singh
(Others)
(163 Points)
Replied 26 July 2018
Thank you sir, But My nature business is confusing from the 1st day of Filling ITR. Let me explain to you my Nature of Business is Advertisement. (Selling advertisement space outside India). I used to get USD every month.
By this logic, i think I have to file ITR 4 with 44AD Right? Becuase its a noncash income(All digital) 6% of total Turnover.