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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?
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Sanket

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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.....
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Hitender Gaur

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Hitender Gaur (Expert)
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.....
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Amol S Joglekar

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Amol S Joglekar (Expert)
02 August 2012 That should not bother you. Even if you want, make use of 44AD.
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