section 44AF
This query is : Resolved
14 February 2011
If the estimated profit U/S 44AF is 170000-,then how can we fill the column 51 part A-P&L of ITR 4
14 February 2011
Gross Receipts = Turnover
Gross Profit= Keep Blank
Expenses = Keep Blank
Net Profit = 170000/
(Here Net Profit may be higher than 5% of the turnover)
If you are having figures for GP and Expenses
then only fill up these .
Gross Profit= Keep Blank
Expenses = Keep Blank
Net Profit = 170000/
(Here Net Profit may be higher than 5% of the turnover)
If you are having figures for GP and Expenses
then only fill up these .
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