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Please advise 44ad p&l and b/s.+

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 October 2015 AN ASSESSEE IS A CONTRACTOR DEDUCTED TAX U/S. 194C HAVING TURNOVER OF RS.21,62,817/-
WHILE APPLYING 44AD FILING WITH ITR 4S IS IT COMPULSORY TO FILL DETAILS OF LIKE
1. GROSS TURNOVER ?
2. EXPENSES ?
3. NET PROFIT ?
OR CAN BE FILED DIRECTLY FILL SECTION 44AD DETAILS OF PROFIT @12% ?
SHOULD I PREPARE BALANCE SHEET OR PROFIT & LOSS ACCOUNT.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 October 2015 You can fill directly section 44AD details of gross turnover and profit. No P&L and balance sheet detail furnished.

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