Income tax return -3
This query is : Resolved
Amandeep Singh
(Querist)
23 October 2023
Sir,
Proprietor,s business is installation of Power ( Solar ) Plants and agriculture income so can he eligeble to file ITR-3 with Proper books of accounts or delcar 8% Profit under Section 44AD.
(2) He paid labour Chages ( Installation Charges of Solar plant ) so please provide name of the account head and name of the group under Busy Software.
Proprietor,s business is installation of Power ( Solar ) Plants and agriculture income so can he eligeble to file ITR-3 with Proper books of accounts or delcar 8% Profit under Section 44AD.
(2) He paid labour Chages ( Installation Charges of Solar plant ) so please provide name of the account head and name of the group under Busy Software.
CA R SEETHARAMAN
(Expert)
23 October 2023
1 yes file ITR 3 with 44AD for upto 2 crore turnover.
2 it's direct expenses
Labour charges.
2 it's direct expenses
Labour charges.
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