Income from "Profits and Gains from Business or Profession" is greater than 2.5 lakhs but "Balance s


This query is : Resolved 

Quick Summary
This discussion addresses an error encountered when filing ITR 3, specifically when income from 'Profits and Gains from Business or Profession' exceeds 2.5 lakhs in a 'no accounts' scenario. It touches upon presumptive assessment schemes, which might be relevant to the user's situation. The core issue seems to be a mismatch or a specific rule being triggered due to the income level without maintaining detailed accounts.

26 July 2023 error message in itr 3 no accounts case

26 July 2023 Are you declaring income under presumptive assessment?

13 September 2024 Good luck.


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