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Any other modee
Sir I want to know that previously I have filed my income tax return under section 44AD and my turnover cash and th bank tfd both are shown in the any other mode column for the since long.Now I want to know that what can I do,can income tax department penalised me please guide me.Thanks
Replies (3)
FD show under income from other source
Sir my query is that I have shown my gross sales in the head of any other mode whereas out of this gross sales some of the amount has been direct deposit th.Rtgs, Google pay bank transferred by our customers and whereas I have calculated the gross sales in cash or online transferred and shown in any other mode.Thanks
Since you have shown it in any other mode tax is calculated at 8%. so no problem...
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