U/s 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2013
When Rs 4,00,000/- profit has been determine U/S 44AD on a turnover of 40 Lakhs which is more than 8% for Ay 2013-14 than which form no ITR to be filed?
ITR form require to give details of P & L & Balance sheet in case profit exceed Rs 1,20,000/- but in this case books of accounts have not been maintained. How can i provide this details?
Pls inform whether these details are require to be filled in the ITR form or not?
ITR form require to give details of P & L & Balance sheet in case profit exceed Rs 1,20,000/- but in this case books of accounts have not been maintained. How can i provide this details?
Pls inform whether these details are require to be filled in the ITR form or not?
CA PARAS BAFNA
(Expert)
14 July 2013
Then... ITR 4S only has to be used which requires minimum details like Turnover, Net Profit, Sundry Debtors, Sundry Creditors, Stock and Cash in Hand.
.
You can show profit higher than 8% of turnover in ITR 4S.
.
.
You can show profit higher than 8% of turnover in ITR 4S.
.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
