How to file ITR for a business support business like cars on rent , tours also & turnover arond 25 lakh in current bank account although having service tax no. but didn't charge any service tax full year & not deposited also.
so my question is Filing ITR in 44 AD or make Balance sheet ( subject to no proper documents also ) which one better ??
& how to
Give best solution pls.
Without proper data how one can prepare P&L and BS........ so only [and much better] option left is file u/s. 44AD
But if we showed full turnover as 25 lakh around thn any possibility to come notice from service tax department ? as not raise any bill with service tax...evn services exceed from 10 lakhs in FY 16-17
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