Calculation of Business income
This query is : Open
20 September 2020
One of my clients is salaried, apart from that she did open a Business in the P.Y. No information regarding net profit is furnished, from her Bank Statement, it is found an amount of Rs. 5,06,000 received after closing the business. So how should I show the income? Shall I file ITR-3 and show the income as presumptive tax? or other else. Please guide me
20 September 2020
File ITR 4 with presumptive income.
21 September 2020
ok. But he has also Salary Income from a company along with that.. So Can Itr-4 be filed ?
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