which form can be used for advocate/doctors
And what are the main point to remember
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ITR for m
Replies (6)
ITR 3 or ITR 4...
ITR 4 - u/s 44ada profit will be shown 50% /above 50%
ITR 3 - Will be file u/s 44aa or 44aa with AB...
ITR 4 - u/s 44ada profit will be shown 50% /above 50%
ITR 3 - Will be file u/s 44aa or 44aa with AB...
you can opt ITR 4 , presumptive income under Section 44ADA of the income tax act , 50% of the gross receipts .
Should submit or keep any balance Sheet ?
If ITR 3 then Yes. BS and PandL required as per the professional
If ITR 4 then read the instructions in ITR 4 Form.
If ITR 4 then read the instructions in ITR 4 Form.
thank you and congratulations
Agree @ Raja pm... ITR-4 section 44ADA
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