44ae


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2014 Dear Sir,
Where assessee is opting section 44AE. While filling Part P&L of itr4, whether the gross receipt can be given in the column of "Gross receipts"

Or
I have to give only net profit figure there?

Please clarify.

Rupesh Jain (Expert)
09 December 2014 you can enter the profit in net profit column.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2014 But what to enter in the column of gross receipt just above the column of gross profit or leave it blank?


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