I am individaul business man opted for presumptive taxation my turnover is 4000000 and income is 6 percent 240000 should I file returns?
If it is 6000000 and income is 360000 then should I file returns?
4 Replies
nimesh raval
(10 Points)
Replied 18 April 2020
If you have not digital payment opted so ' you go with sections 44ad as per 8% profit with should you have file return.
Pawan Vemula
(284 Points)
Replied 19 April 2020
Yes sir you have to file Your Income Tax Returns You Have crossed Basic exemption Limit 250000/-
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