ITR 4S
This query is : Resolved
22 December 2016
please tell me..if the assessee filed a return under section 44ad for nil tax payable..now what I should write income & other sources?
22 December 2016
You have to declare minimum 8% income on gross turnover. If it comes tax bracket than no tax liability.
22 December 2016
gross turnover or gross receipts?
22 December 2016
nil tax filed a return under ITR4s
24 December 2016
It has to be gross turnover and no other information is required.
25 December 2016
the assessee is a tailor & gross turnover 190000 and same I'll show the same amount business income. it is correct to file itr4s
25 December 2016
cash in hand 9000
25 December 2016
also then bank a/c shows
25 December 2016
Yes you have to declare min 8% gross turnover , if you want to declare 190000/- declare the same.
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