HELLO FRIENDS, CAN I FILE THE RETURN OF BEAUTY PARLOUR IN ITR-4S.
CAN I SHOW 70% PROFIT INSTAED OF 8%.
PLS. HELP ME.
THANKS.
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Itr 4s
Replies (1)
You can file the ITR 4S declaring higher percentage of profits from business. but according to me income from Beauty parlour will be covered under Professional Income & for this ITR 4S is not valid. It is valid only for Business Income. It will come under ITR 4 only.
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