Turnover for no accounts case?
krishna vamsi (ca ipcc student) (11 Points)
14 September 2021krishna vamsi (ca ipcc student) (11 Points)
14 September 2021
veerendar singh
(tax consultant)
(3301 Points)
Replied 14 September 2021
CA Puja Sharma
(Chartered Accountant)
(4984 Points)
Replied 15 September 2021
You can opt for presumptive taxation - 44AD or 44ADA or 44AE where no accounts are required to be maintained. You can use ITR 3 or ITR 4 based upon other facts.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)