Income tax return


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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2012 Dear all

Suppose, i am having business of betel leaves (paan) and i want to file my income tax return for assessment year 2012-13.

Kindly suggest me under which head should i show my income from betel leaves?

Sanket (Expert)
28 July 2012 You are doing business of Beatle Leaves so your income will fall under the Head INcome from Business......

Make a Profit and Loss & Balance Sheet.

ITR 4 will be applicable to you.....

28 July 2012 Income from business

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 July 2012 But i dnt have trade licence.....

02 August 2012 That should not bother you. Even if you want, make use of 44AD.


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