Today I am filling ITR-4S for FY 2015-16, Can I take net profit more than 8% of Gross recepit ???
Today I am filling ITR-4S for FY 2015-16, Can I take net profit more than 8% of Gross recepit ???
Yes. You can declare any profit more than 8%
If my gross receipt 950000/-
and i can show net profit Rs. 240000/- in ITR-4s
Yes. You can show.
You can show more than 8% but can't show less than 8%
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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