Filing of return
Querist : Anonymous
he want to show his income below exemption limit.
What points should i consider to File his ITR.
Under which head of income i should file it.?
What documents I should take..?
plz help..nd explain it to me...
show the return u/s 44AD
in that you have to show the total receipts and the income on that. remember the income should not be below 8% of receipts though it can be more.
eg if is receipts 500000
you can show any income exeeding 40000. (5% of receipts)
no documents required except the information to be filed in 4S.
don't forget to check is bank account for the receipts.
if still confusion
email : cavikasacharya@gmail.com
fb: viki_achayra@yahoo.com
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Itr 1 processing
- Share accounting-->fifo - capital gain - period as per fifo?
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Article ship defecit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
