ITR-3 -Required Balance sheet if above 250000 income
This query is : Resolved
Quick Summary
26 July 2023
Income from 44AD is to 2,00,000/- and income from partnership Rs.1,00,000/- which are shown as business income in ITR-3. Error indicates submission of balance sheet as business income exceeds 2,50,000/- lakhs. Whether balance sheet required
26 July 2023
Only details in sr. no. 6 of 'No Account Case' in Schedule BS, need to be filled.
13 September 2024
Good luck.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Purchase of property from NRI
- How to pay tds on mhada property
- Query related to CA/CS/CMA Firm
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- Value of Perquisite Sec.10 (10CC)
- Taxability and TDS treatment on Crypto futures
- Section 44AD 44AB
- TDS on purchase of property through EOI
- TAX AAPLICABLE TO SUPPLY OF FRESH FRUIT JIUCE
- ITR WITH 0 TURNOVER
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
