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Business Under Expempted Sale ITR-4

This query is : Resolved 

27 April 2023 Dear Sir,

We are provided Safe and Cleaning Water to Community people monthly Sales Rs.235000/- annually approximately Rs.2600000/- Sales is tolly exempted so during filing ITR-4 we need to show all Sales under business and profession and disclose minimum profit 8% OR Need to show all under exempted income.

Please advise

27 April 2023 The supply may be exempted under GST, but for income tax file ITR 4 with 8% profit margin.

27 April 2023 Sir,
so show all sales under business or Profession i am correct

Please advise

27 April 2023 Yes, under PGBP head.

27 April 2023 Thank you Very much Sir,

27 April 2023 You are welcome.


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