10 May 2019
in ITR 4 no needs to maintain books of accounts? we can show min 8% profit (actual expenses is not consider) Eg i am turnover Rs 50Lakhs so i needs to show profit of 4 lakhs or more (expenses need to verify)
10 May 2019
Yes in ITR 4 no need to maintain books of accounts. You can show min 8% profit (actual expenses is not consider). Yes you have to declare 4,00,001 profit in case of 50 lacs turnover.