i am confused filling ITR-4, Details are as follows:
* does not maitain books of account in their business which is u/s 44AE
**filled in item 51d (as there is "NO ACCOUNT CASE)
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ITR-4
Schedule BP (computation of income from business or profession)
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1. Profit before tax as per profit and loss account (item 43 or item 51d of Part A-P&L)** - 152300
2. Net profit or loss from speculative business included in 1 - 0
3. Income/ receipts credited to profit and loss account considered under other heads of income - 0
4. Profit or loss included in 1, which is referred to in section44AD/44AE/44AF/44B/44BB/ - 152300
44BBA/44BBB/44D/44DA Chapter-XII-G/ First Schedule of Income- tax Act
5. Income credited to Profit and Loss account (included in 1) which is exempt - 0
6. Balance (1-2-3-4-5d) - ???
as logic is that item#1 - item#4 than it comes to "NIL". isn't it.
Please help.
CAclubindia
