Itr-3 business turnover limit in no accounts case

Sir, I have a client having the Business of Medical Store who got a Turnover of Rs. 27,82,000/- in the Asst. Year 2018-19. 

My question is, may I file ITR-3 No Accounts Case in P & L Sheet Sl. 64. (IF REGULAR BOOKS OF ACCOUNT OF BUSINESS OR PROFESSION ARE NOT MAINTAINED, furnish the following information for previous year 2018-19 in respect of business or profession) with Gross Receipt, Gross Profit, Less Expenses & Net Profit.

Just to avoid ITR-4 filling up of full Balance Sheet Details.

As in ITR-3 only Cash, Stock, Creditors & Debtors are mandatory.

And also suggest me that till whatTurnover Limit I can fill No Accounts Case in ITR-3.

Thanks & Regards

Digbijoy Ghosh


KVO Merau Kutchh

You may do that.

Turnover limit for any business income declared under presumptive assessment is upto 2 Crs.



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