i have to file a return of a tailor/ boutique owner .all the transaction are in cash , how to file the return whether to file it under 44 AD showing profit more than 8% or some other way , please advice.
manik (ca in practice) (420 Points)
30 July 2012i have to file a return of a tailor/ boutique owner .all the transaction are in cash , how to file the return whether to file it under 44 AD showing profit more than 8% or some other way , please advice.
abhsihek srivastava
(Audit Asstt.)
(114 Points)
Replied 30 July 2012
please mention turnover / annual cash receipt !!!!