Tax planning

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Sivaramakrishna MBA (Querist)
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24 April 2019 Hai Friends Good Afternun
One Client Reached Us For Tax planning purposes which already income tax assessee.
For AY 16-17 He Filed His Income Under Professional Basis But Not Filed For AY 17-18 And 18-19.
Now He Was Saying As Income Under Trading N Need Of Returns.
Can We Change His Income From Profession To Trading?
Kindly Conclude Us..
Thank You All For Your Precious Time Spending For Guiding Us.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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24 April 2019 yes you can do , ITR depends on the business of the person in the year of return.. so you can change that if the business has been changed

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Sivaramakrishna MBA

Sivaramakrishna MBA (Querist)
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30 April 2019 Very Thank You Ankit Ji For Your Reply.

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