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Itr4 2017-18

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Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2017 Dear Sir,
In AY 2017-18 itr 4, I found the following col. in schedule BP -
Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date

What are these specified dates.
Please clarify.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 May 2017 It is return filing due date that is 31st July 2017.

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2017 Suppose my gross receipts from cheques in fy 2016-17 are 10 lacs and out of which Rs. 2 lacs Cheque received and cashed in April 2017.
Then for the purpose of 6% turnover calculation my turnover would be Rs. 8 lacs
or
it would be 10 lacs

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 May 2017 It would be 10 lacs as payment received before the due date of filing return.

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