Filing of ITR

can an assessee file his ITR-3(with P&L, BS feeding) having business income but not required to get it account audited.
Replies (6)
Quick Summary
This discussion clarifies that an assessee can file ITR-3, even with business income and profit & loss/balance sheet details, if they are not required to get their accounts audited. It explains that filing an Income Tax Return (ITR) and the compulsory audit of accounts are distinct concepts governed by different sections of tax law. The possibility of revising an ITR is also confirmed.

Yes you can file ITR-3
Yes file itr 3
Pls mention net turnover from your business or income.
All the business verticals hv same income levels.
Can I revise my itr
I have received return

YOU CAN REVISE IT 

Filing itr is a deifferent scenario and compulsory audit of accounts is a different concept altogether.
Auddit of accounts is guided by DIFFERENT SECTIONS.
THERE NEEDS TO BE UPPER LIMIT OF TURNOVER.
BUT TO MY KNOWLEDGE , Its better to start the business .After 1 year of successful operation certainly you will understand.

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