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Itr 4

ITR Filing 454 views 3 replies

Guys i want to know that do we need to fill Final Accounts (Balance Sheet and Profit n Loss A/C) while filing itr 4 for a legal practitioner.

Pls guide me in both the cases

1. Having income more than Basic Exemption Limit.

2. Having income less than Basic Exemption Limit.

Pls reply As soon as possible

Replies (3)

hi 

greeting of the day

filling the balance sheet or P&L accounts only when you are maintaining the books of accounts properly and also when u are under audit .

so if you are not maintained accounts so you should go for the fill item number 53 directly 

 

thanx

But for a legal professional it is necessary to maintain books of accounts, then what we have to do in that case

@ tanvi.. from your answer it seems that proper books of accounts have already neen maintained so why do you have confusion. just fill in details of balance sheet and profit & loss acc. in accordance with your books, that it.


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