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NITIN DALSANIA   28 December 2020

Does she file return

house wife work from home of stitching and small tailoring activity.
she received and paid in cash only whole year.
she can file returns showing only cash transactions only as a income and expense?


 6 Replies

Sourav

Sourav (Student)     28 December 2020

Not required to file return as her income is not exceeding basic exemption limit
Fazil Ahmad

Fazil Ahmad   28 December 2020

File nil return if you want to make financial track of the business
1 Like
Sourav

Sourav (Student)     28 December 2020

Not required does not effect much
NITIN DALSANIA

NITIN DALSANIA   28 December 2020

With income from other source she may cross exemption limit in this year.
so what turnover she made in trailor work can show in cash only.
Sourav

Sourav (Student)     28 December 2020

Actually such business activities didn't attract such income in a year further income is on cash basis but if she want to clear her financial track she can file nil return otherwise not required
1 Like
Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT)     28 December 2020

If u bring the amount to some deposits, more good , you file the return , so that a source for your deposit , if department ask!

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