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professional income
if I only have professional income and I m declaring only 20%profit on it in ITR 3 than what will be the consequences????
Replies (8)
Expect defective notice..
if the income is less than 50% than no issue regarding audit ???
Audit u/s. 44AB mandatory, provided total income exceeds the maximum amount which is not chargeable to income-tax.
under presumptive taxation you need to declare minimum 50% of total receipts as your total income if not undergo audit your books under 44ab
okay
thank you sir for your guidance!!!!
thank you sir for your guidance!!!!
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Good Morning My Dear Mr Dhirajlal Rambhia Sir...
Good Morning, Dear ...
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