Sir
I have a small partnership firm which turnover is 6 lac only
which itr we should file ITR4 or 5
please suggest
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Income Tax return
Replies (1)
If you want to show profit, which is less than @ 6% or @ 8% then file ITR3 , provide you must prepare PL& BS for that purpose & ifyou want to show at least @ 6% & @ 8% profit or more then file ITR4 (Sugam) u/s 44AD.
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