My income is 250000 from boutique F.y.2020-21
and i don't know which amount to be shown in itr 4 gross turnover or in margin column 6% or 8%
i do my work on cash receipts
and all 250000 is my profit except 10000 for my product expense
and is boutique comes under business or profession??
please help
Thanks in advance
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Income tax-4
Replies (4)
Turnover is 2.50L
Boutique comes under business. Sec. 44AD can be opted.
And what i should fill in margin sir
Go for 95%....
Ok sir thankyou very much
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