Return form for Commission Income and Profit%
NITIN SABOO (344 Points)
09 June 2019please also advice How much profit%to show if assessee does want to do audit as his Total Gross Receipt during the year is Rs. 10 Lakh
NITIN SABOO (344 Points)
09 June 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(162201 Points)
Replied 09 June 2019
ITR3 with P&L acc. Not binding in this case as books of account maintained & non eligibility u/s. 44AD.
NITIN SABOO
(344 Points)
Replied 09 June 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(162201 Points)
Replied 09 June 2019
Will have to make some tentative figures, but because of TDS u/s. 194H, CPC won't accept presumptive assessment. (Barred u/s. 44AD)
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"