Non account case in itr-4 form
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2016
Dear Sir,
Gross receipt from business more than 5 Lac and less than 10 lac and profit is 25 % of gross receipt, whether is it correct to show under non account case in ITR-4 Form, in case of books of account are not maintained by the person ?? and it is not, then when to use non account case ??
Gross receipt from business more than 5 Lac and less than 10 lac and profit is 25 % of gross receipt, whether is it correct to show under non account case in ITR-4 Form, in case of books of account are not maintained by the person ?? and it is not, then when to use non account case ??
05 March 2016
Dear
You can file itr 4s in the case.
You can file itr 4s in the case.
05 March 2016
No account case cannot be opted in ITR-4 since the annual income is 1.25.000 ( 25% of 5,00,000) which exceeds the threshold mentioned in section 44AA(2).
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
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Value of property in capital gain
- Multiple trade mark
- Transporter Declaration form
- Copyright software
- TDS APPLICABILITY......
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
