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hello sir
If in the last year salary return is filed..and now the person had quit the job and now he is doing business online....whether itr of ay 2015 2016 is required to be filed if the income from salaries is below 250000????
Replies (5)
In your case where aggregate income (sum of income from all the five heads) does not exceed taxable limit, you should file ITR however filing ITR is not mandatory u/s 139(1) of IT Act,1961.
Thnkew sir g n for online business which itr is required to be filed g????
Thnkew sir g n for online business which itr is required to be filed g????
Online business of protein peoducts etc. Which itr is required to be filed n why itr is required to be filed g if not mandatory g???
If you do not maintain books of accounts, you may file ITR 4S but in that case you have to declare your profit more than 8% else you may file ITR-4
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