ITR 3
FAHEEM AKRAM (293 Points)
15 July 2018
please guide me how to file ITR3 without tax audit and what should be kept I my mind to avoid tax audit for ITR3
3 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 15 July 2018
If you have maintained BOA then fill balance sheet and profit and loss account. If BOA not maintained then select the option BOA not maintained and fill only required details. Tax audit is required when turnover exceeds 1 crore.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 15 July 2018
Yes... I agreed to Mr CA Sunil Kumar...
Better to Show profit above 8percentage...
Better to Show profit above 8percentage...
FAHEEM AKRAM
(293 Points)
Replied 15 July 2018
what is better 44AD or fill Balance sheet and profit and loss account?
if I maintain BOA and also Above 8% of my profit show we should file ITR 3???
we will be shown above 8% profit in ITR 3???
if I maintain BOA and also Above 8% of my profit show we should file ITR 3???
we will be shown above 8% profit in ITR 3???
Recent Topics
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
Related Threads
CAclubindia
