Is it successful to file "No Accounts Case" with ITR3?
There are rumours that ITR3 becomes defective if no accounts case is used even for genuine 44ADA income, so only detailed BS & PL should be used for 44ADA income also.
IT IS DEFECTIVE ONLY IF U DO NOT PROVIDE DETAILS REGARDING SUNDRY DEBTORS , CREDITORS , STOCK AND CASH IN ITR 3
THESE 4 ARE MANDATORY TO FILL IF NO ACCOUNT CASE
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