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unknown

B.Com

87 Points Joined January 2015

in the new itr form 4s for ay 17-18, the form asks to mention the gross receipts recd till specified date that is return filling date 31st july in my case, now my client had gross receipts of rs 10 lakh and as on 31 st march 17 he had debtors of rs 9 lakh ie he recd 1 lakh from debtors till 31 st march and now till 31 st july he recd furthur rs 1lakh. now how should i file the details. should i show that amt recd till specified date rs 2 lakh and calculate 8 % on the above fig and show debtors rs 9 lakh on 31 st march????

Replies (3)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

209445 Points Joined July 2016

Table:::::::::::

E1	Gross Turnover or Gross Receipts
	E1a	Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date
	E1b	Any other mode

E1a will be..................................................... 2 lakhs

E1b will be ............................................. 8 lakhs

Gross total turn over will be ................... 10 lakhs

unknown

B.Com

87 Points Joined January 2015

thank u very much sir for your reply, but i would like to ask one thing, the client will receive the balance amount through electronic means only so can i show the balance in the field any other mode and also sir if i show 8 lakh and 2 lakh should i also show my debtors then