while filling itr2 for AY 21/22...I have selected NO for foreign income schedule
but in preview schedule it is showing YES
how to remove this bug?
23 Replies
N Das
(177 Points)
Replied 30 July 2021
I think this is a system issue. Please wait further for system update.
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
No, return filing utility for Form ITR 3 is stil not available.
change to come only in August
change to come only in August
Deepak Kumar
(791 Points)
Replied 31 July 2021
ITR 3 utility is not available for Fy 20-21 in income tax portal only available ITR1,2 and 4
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
Which form required to be filed if I have a business income and salary income
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
Ready made Garment Trading, Sale of last year was around Rs. 1.5 cr
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
You can file form ITR 4 and show business income u/s 44AD as your Turnovers is less than 2 cr.
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
How much tax i have to pay in that case, as i am not preparing profit & loss account
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
You are not required to maintain books of accounts, if you are declaring your business income u/s 44AD i.e presumptive taxation
Jimmy Shergil
(Chairman)
(70 Points)
Replied 31 July 2021
OK, I that case Have to compulsory declare 8% as profit of business
Deepak Kumar
(791 Points)
Replied 31 July 2021
I think you have file ITR-3 its relevant for you and your turnover is mor than 1 crore then Account shoulb be Audited its my openion sir
Nidhi
(Chief Accountant)
(3150 Points)
Replied 31 July 2021
If payment of sale received in cash than 8%, if in cheque than 6% as the case may be.
this is a minimum profit u have to show, you can show higher if u want
this is a minimum profit u have to show, you can show higher if u want
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