It doubt for income tax return filing compulsory
Kollipara Sundaraiah (B.com) (2963 Points)
19 January 2022question:
1.a dealer it returns filed compulsory in f.y.20-21.
2.turnover treatment trade goods sales turnover or service income in it act.
Kollipara Sundaraiah (B.com) (2963 Points)
19 January 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171281 Points)
Replied 19 January 2022
1. Yes compulsory as the net income would be above BEL.
It is service income
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)