Return filing

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 July 2015 Respected sir,

I have internet cafe, also i do scanning , printing, lamination works and also i receive commission from forex .
Is it necessary to prepare profit and Loss a/c for such business or Income and Expenditure a/c is better ?
Kindly reply.

22 July 2015 depends on applicable of 44AA....

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2015 Thanks a lot, receipts from internet cafe is around 120000 pa and commission recd is around 150000/- pa. so it would be better to prepare profit and loss a/c? plz let me knw. thanks.

05 August 2015 yes, if the profit is in excess of Rs 1.2 lakhs


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details