Which itr form to be select

ITR 192 views 2 replies

Dear Sir,

I have Proprietory Firm (Trading Activity) Having 1.65 Cr Turnover in 2016-17.

Profit is Less than 5% of total Turnover

I Dont want have Mentain Books of Accounts so dont want for Tax Audit.

Which ITR Form Should Select and File my Income Tax Return.

Kinldy Suggest.

Replies (2)

For trading activity go as per itr 4AS show 8% profit (44ad)

but always better to with itr 4 and mantain accounts 

you should use itr 4 because your accounts need to audit.


CCI Pro

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