itr 3 help
Akhil (Student CA ) (992 Points)
31 July 2019Akhil (Student CA ) (992 Points)
31 July 2019
rishabhsharma
(Article Assistant)
(140 Points)
Replied 31 July 2019
Please fill Balance sheet or balance sheet particulars of no account case and check.
Akhil
(Student CA )
(992 Points)
Replied 31 July 2019
rishabhsharma
(Article Assistant)
(140 Points)
Replied 31 July 2019
Originally posted by : Akhil | ||
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if i opt for no accounts case then b,c interest are calculated as if i am not opting for 44ad.... | ![]() |
If you have 44AD income, you have to enter the same in Sr. no. 61 of Profit and Loss account.
Enter gross receipts and calculate 6/8% presumptive income.
As per validation rules, Income under section 44AD/44ADA/44AE is greater than "Zero" then filling of particulars for "No accounts case" (S.No 6) is mandatory. so you have to enter balance sheet particulars(Sundry debtors, Sundry creditors, stock in trade and cash balance)
I don't think section 234B and C interest will be applicable on you..
rishabhsharma
(Article Assistant)
(140 Points)
Replied 31 July 2019
Originally posted by : Kapadia Pravin | ||
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Also check Sr.No. 64 | ![]() |
Do not fill Sr. no 64 if you have income u/s 44AD/44ADA/44AE.
rishabhsharma
(Article Assistant)
(140 Points)
Replied 31 July 2019
Originally posted by : Kapadia Pravin | ||
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And also no need to fill 1 to 60 | ![]() |
correct
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)