Menu
Itr 3 for 44AD
I have business income u/s 44AD and also agriculture income of 280000. so I have to file ITR 3. do I have to maintain books of accounts?
Replies (9)
Not mandatory.
reason
Sec. 44AD !!
Respected My Dear Mr Dhirajlal Rambhia Sir.,
Can You give reason for Your view...?!
In ITR 4 we will enter less than 5k only for exempt income. Then why...?
it's mean no need to show it under ITR...?
Can You give reason for Your view...?!
In ITR 4 we will enter less than 5k only for exempt income. Then why...?
it's mean no need to show it under ITR...?
sir I have received notice of defective return and..so do I need to prepare books. as per portal just because return is submitted under Itr3 and my profit is more than 2.5 lakes, so thus I need to maintain books.. please help
@ Raja PM Sir,
Here ITR 3 has to be selected even for sec. 44AD, as the exempted income is more than 5K.
@ Radhika,
You must have declared less than 6/8% profit margin over bank/cash turnover, hence the defect.
Sir.,
Your reply to "Books of accounts"...? Right...
( @ Raja PM Sir, 😢😢😢😢😢😭😭😭😭😭)
Your reply to "Books of accounts"...? Right...
( @ Raja PM Sir, 😢😢😢😢😢😭😭😭😭😭)
thank you and congratulations
Recent Threads
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
Related Threads
CAclubindia
