Generally 35% to 55% net profit ...
New business codes
Page no : 4
Rishi
(Others)
(353 Points)
Replied 15 June 2018
R/SIR, I M TALKING ABOUT SAME "READY MADE GARMENT SHOP". ACTUALLY OWNER HAS REGULAR GST NO. & FILED (3) GST RETURN IN F.Y. 2017-18. HIS TOTAL GST GROSS TURNOVER IS ABOUT 1 LAC 22 THOUSAND FOR SAID TIME.
1. SHOULD I MENTION THIS GROSS TURNOVER ( 1LAC 22 THOUSAND) IN NOB BP AT E10 COLUMN IN ITR4?
2. CAN I SHOW WITHOUT BILLING SALE ALSO WITH GST GROSS I.E. 1 LAC 22 THOUSAND?
PLZ SUGGEST ME SIR.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 15 June 2018
When it was registered under GST?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 15 June 2018
So, no need to worry for GST data, you can declare 10 lakhs turnover (as mentioned earlier) which includes sales before Dec 2017.
U R RIGHT SIR, THANKS AGAIN
Rishi
(Others)
(353 Points)
Replied 18 June 2018
R/ SIR, PLZ HELP, A PERSON HAVING 26AS SALARY I.E. 429432/- AS WELL AS (FORM J) AGRICULTURE INCOME I.E. 149500/- EXAMPT INCOME.
I AM FILING ITR-2 , BUT @ COLUMN 19C(1)-TDS2, THERE IS COLUMN (FIN,. YEAR IN WHICH DEDUCTED) SHOWING ONLT 2016, WHAT SHOULD I DO?
GIVE ME UR SUGGESTION PLZ SIR.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 18 June 2018
That is for any brought forward TDS amount, which is not to be filled for current year TDS value.......
Rishi
(Others)
(353 Points)
Replied 18 June 2018
SIR, I HAVE BELOW MESSAGE WHEN I TRYING TO SAVE XML FILE.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 18 June 2018
Because you would have selected '2016' in the TDS B/f column, or '0' in amount column........ deselect it.....
Rishi
(Others)
(353 Points)
Replied 23 June 2018
R/ SIR, FEMALE HAVING STICHING WORK INCOME AT HER HOME WITHOUT HAVING ANY LICENCE, PLZ SUGGEST BUSINESS CODE .
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 23 June 2018
Better to declare her income from other sources.... rather than business income..
Rishi
(Others)
(353 Points)
Replied 23 June 2018
SIR, U MEAN OTHER INCOME---
1. NO ACCOUNT CASE ? ITR-3
2. INCOME FROM OTHER SOURCE THROUGH ITR-2 ? IF YES THEN NATURE INCOME ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 23 June 2018
Income from other sources (no business code, no need of maintaining accounts) can be declared under ITR1 or ITR2, as the case may be.
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