my client have professional income,he will comes under 44aa and having income more than 50 lakhs before considering exemptions,his income will comes
to 30 lakhs after considering exemptions do he need to show balance sheet in ITR 3?
Menu
ITR-3 query
Replies (1)
Yes, Tax audit is compulsory in your case and need to fill the balancesheet and p& l in ITR 3. Sec 44ADA is not applicablie to your case.
Recent Topics :
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
Related Topics :
CAclubindia
