A person who is earning from a beauty parlor business but does not have his own beauty parlor but he or she is providing services to their customers by visiting to their home.
In which ITR form I need to file the return? What are the tax slab rates for such income?
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Income from beauty parlour
Replies (5)
Declare the income under PGBP and File ITR 3 (AY 2017-18).... Slab rate applicable to individuals.......
Thanks for your reply sir. but there is no balancesheet to upload.
Easy to prepare.....
Cost of all the equipments, materials etc. in relation to the parlour work, along with bank account balance and (some) cash on assets side........ and same as capital of proprietor on liability side..........
I think you should go for 44ADA.
In this u have to just fill details of Debtor, Creditor, Stock and Cash.
Form ITR 4
Correction Possible.
In this u have to just fill details of Debtor, Creditor, Stock and Cash.
Form ITR 4
Correction Possible.
I THINK 44ADA IS FOR PROFESSIONAL NOT FOR BUSINESS, FOR BUSINESS 44AD WILL APPLICABLE
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