which ITR file?
Atul Shah (148 Points)
03 July 2018
Which ITR file for kadiyakam/carpentar labour /butiparlour
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171153 Points)
Replied 03 July 2018
When set up is business like with labours employed ITR4 can be used under presumptive assessment; otherwise ITR3. (for housewives doing sidework, ITR2 can also be used)
Atul Shah
(148 Points)
Replied 03 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171153 Points)
Replied 03 July 2018
Yes, in such service based activities, sometimes such high profit margin has been recorded.
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