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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2013 Dear Sir,
Where the assessee opting sec. 44ad and he is filing through itr4, there is a column 51A in part P&L.

1. gross recipts -
2. gross profit -
3. expences -
4. net profit - this column is deactive in excel utility.

now please advise me where I can put net profit calculated @ 8%.

Thanks and Regards



30 June 2013 When you are filling up Gross Profit and Expenses figures it would be automatically computing the net profit. So you may not be requiring to enter in this field.
.
Prefer ITR 4S if the parameters permit.
.


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