Income through labour charges

ITR 988 views 4 replies

Dear friend

If a person getting income through labour job. and his Per annum income  Rs. 250000/-.

My question is he has to make P/L & Balance sheet and need to file ITR.

Please reply me on my above query. Urgently

 

Replies (4)

IF THE ASSESSEE IS HAVING INCOME ABOVE RS. 1.20 LACS, HE HAS TI MAINTAIN BOOKS OF ACCOUNTS. IN YOUR CASE, YOU WILL HAVE TO MAKE A PROFIT AND LOSS A/C AND BALANCE SHEET.


YOU WILL HABE TO FILE ITR - 4 IN THIS CASE.


REGARDS,

DEVENDRA

agree with DEVENDRA

Have to prepare P&L Statement and Balance Sheet and submit along with IT Return

 

Hope it helps

 

Thanks & Regards

hi friend

I have post more topic right now regarding tds pls help me on it in "income tax head"


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details