FRIENDS/SIR PLS HELP ME IF POSSIBLE....
HOW TO FILE A "NIL" RETURN OF A SUB-CONTRACTOR-INDIVIDUAL....HAVING INCOME OF RS15,00,000 ....
HAVING NO DEDUCTION U/S 80...PLS HELP ME AS SOON AS POSSIBLE...MY MOTTO IS TO KNOW WHICH DEDUCTIONS ARE AVAILABLE TO HIM...
I think it should be gross turnover of Sub-contractor of Rs. 15 lakh. And, he can claim presumptive income benefit u/s 44AD. Therefore, there is nil return should be filed for that assessee.
| Originally posted by : Ekant Trived! | ||
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FRIENDS/SIR PLS HELP ME IF POSSIBLE.... HOW TO FILE A "NIL" RETURN OF A SUB-CONTRACTOR-INDIVIDUAL....HAVING INCOME OF RS15,00,000 .... HAVING NO DEDUCTION U/S 80...PLS HELP ME AS SOON AS POSSIBLE...MY MOTTO IS TO KNOW WHICH DEDUCTIONS ARE AVAILABLE TO HIM... |
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As you told in your quaery that you client has income of Rs. 1500000/- pls tell if the assesee has a tds deducted from this or not or please tel if his principal contractor maintains proper books of a/c or not?
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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