Ifos

1. May not be.. how does it matter now?

2. Why you should do anything now?

3. If returns are processed, noone will accept any suggestions....

4. In 90% of such cases no problem........ & at least not over new consultant !!!

Thank You for suggesstions Sir...

Most Welcome........

Sir.,

One Doubt... A Assessee file His ITR as ITR 4S (AY 15-16), ITR 4 (16-17) & ITR 3 (17-18)...

Now I'll go to file ITR 4 or ITR 3 (WBA). Bcoz, His accounts not satisfied but smal dealer T/O Rs. 18Lakhs. Most of the Purchases above 10k and Cash payments. Most of Cash receipts can't identified...

If I ll file as above then Tax audit applicable or not?

What is WBA full form (with or without business accounts)......

What is his business?

File ITR3.....

Turnover 18 lakhs ......OK

But if profits exceed 2.50 lakhs, books required to be maintained... but if below 2.50 lakhs no need to maintain books as per sec. 44AA...

Better fill some available business details in P&L acc, & BS....... as books required to be maintained ...

Carpentary is profession and as such defective notice expected if assessed u/s. 44AD.....

As per rules, section 44AD not applicable over it.. Select normal assessment.