HELLO FRIENDS, CAN ANYBODY TELL ME WHETHER A BEAUTY PARLOUR RETURN CAN BE FILED IN ITR 4S.
IS IT OK IF I SHOW 70% PROFIT IN ITR 4S.
PLS. HELP ME.
THANKS.
DIBYENDU
(SERVICE)
(266 Points)
Replied 31 May 2012
i THINK CARRYING OF BEAUTY PERLOUR IS A BUSINESS, THEY ARE ENAGAED SOME HEIR SPECILIST, SKIN SPECILIST ETC WHO ARE DO THEIR PROFESSIONAL JOB . SO,U MAY FILE RETURN U/S 4S & CLAIM PROFIT MINIMUM @ 8% OR HIGHER AS U MAY WISH.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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