I filed a return in 2018-19 under no books of accounts maintained for a professional computing net profit of 33.26% with heavy gross receipts.
what is the way to correct the mistake made by me....
the problem also that I have filed 2017-18 return as same manner but return is not processed yet...
This is case of photographer....
please suggest me best suggestion..
1 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 26 July 2018
Section 44ADA doesn't covered the photography profession. If total receipts is below Rs. 2 crore then you are eligible for presumptive taxation scheme under section 44AD.You will have to file ITR 4.
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