Filing of income tax return
This query is : Resolved
imran dafedar
(Querist)
21 March 2016
RESPECTED SIR,
An assesse having sales / gross receipts of Rs 9,25,000/- for FY 2015-16, is he require to file income tax return for AY-2016-17. if no , please note supporting provision.
Thanking you sir....
An assesse having sales / gross receipts of Rs 9,25,000/- for FY 2015-16, is he require to file income tax return for AY-2016-17. if no , please note supporting provision.
Thanking you sir....
Ankur Singhal
(Expert)
21 March 2016
DEAR
ITR FOR THE AY 2016-17 CAN NOT BE FILED NOW.
ALSO THE ITR FORMS FOR THE SAME AY ARE NOT NOTIFIED TILL DATE.
DEAR, SINCE ASSESSEE HAS GROSS SALES Rs.925000/- HE HAS THE OPTION TO FILE THE ITR. ITS OPTIONAL FOR HIM.
RETURN WOULD BE FILED U/S 44AD I..E PRESUMPTIVE TAXATION IF HE WANTS TO FILE ITR.
IF HE IS ELIGIBLE U/S 44AD.
ITR FOR THE AY 2016-17 CAN NOT BE FILED NOW.
ALSO THE ITR FORMS FOR THE SAME AY ARE NOT NOTIFIED TILL DATE.
DEAR, SINCE ASSESSEE HAS GROSS SALES Rs.925000/- HE HAS THE OPTION TO FILE THE ITR. ITS OPTIONAL FOR HIM.
RETURN WOULD BE FILED U/S 44AD I..E PRESUMPTIVE TAXATION IF HE WANTS TO FILE ITR.
IF HE IS ELIGIBLE U/S 44AD.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
