Income tax return itr 4
This query is : Resolved
Shiwalik Computers
(Querist)
26 July 2023
I run a cyber cafe business and small scale computer item retail. i do trxn online through current account on customer behalf eg ticket booking and fee payment etc. no. also i take amount in offline mode. my online trxn is of 9 lakh but this is mot my profit. how can i show my profit as it is very less than trxn value.
CA R SEETHARAMAN
(Expert)
26 July 2023
Show it as your turnover and declare 6% profit on such online transaction under section 44AD.
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