Section 44ad
This query is : Resolved
15 March 2013
I am a small scale manufacturer with sales turnover of Rs. 25 Lakhs, and the net profit is 2,05,000.00
As my net profit is above 8% of my sales, can I file return under section 44 AD?
Apart from the business income, I have income of interest (about Rs. 20,000.00) from bank deposits.
Can I use ITR 4S for filing return?
As my net profit is above 8% of my sales, can I file return under section 44 AD?
Apart from the business income, I have income of interest (about Rs. 20,000.00) from bank deposits.
Can I use ITR 4S for filing return?
16 March 2013
Yes you can file return u/s 44AD.
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16 March 2013
Yes you can file return u/s 44AD
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16 March 2013
Thanks for the support. Can I file using ITR 4S?
17 March 2013
YES YOU CAN FILE ITR -4S
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18 March 2013
Yes you can file ITR 4S
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1 times
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