ITR-4
This query is : Resolved
CA Chintan Parikh
(Querist)
13 August 2010
if assesse not maintain books of account than how count incometax,accountant says total income 8% count as incomee in this case
Aditya Maheshwari
(Expert)
13 August 2010
Only maintain total sales figure.
CA Suresh Choudhary
(Expert)
13 August 2010
Agtee with expert You have to just maintain the records of sales and the presumtive Income tax Provision of Sec 44AD will be applicable.
CA.ViVeK M ACA
(Expert)
13 August 2010
But the total To need to be less than 40 lakhs during the FY
Aditya Maheshwari
(Expert)
13 August 2010
Ofcourse Vivek.
From F. Y. 2010 - 11 Rs. 60 lakhs.
Also i think this clause is w. e. f. F. Y. 2010 - 11 onwards.
From F. Y. 2010 - 11 Rs. 60 lakhs.
Also i think this clause is w. e. f. F. Y. 2010 - 11 onwards.
sachin alwadhi
(Expert)
15 August 2010
YES,ABOVE LIMIT IS EFFECTED FROM 01.04.2010.
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