I have to file ITR 4 as a presumptive income case then is okay to fill just the P&L part and not filling Balancesheet part?
Is it mandatory o fill balancehsheet details?
I have to file ITR 4 as a presumptive income case then is okay to fill just the P&L part and not filling Balancesheet part?
Is it mandatory o fill balancehsheet details?
Not mandatory, except 4 columns, E15, E19, E 20 & E22. .......
"The details at E11 to E25 have to be entered in respect of the firm/ concern in which the business activity is reported , as on 31 st March, 2018. (E15, E19, E20, E22 are mandatory and others details are to be entered if available.)"
" Will i have to fill this as gross income or presumptive income(that is 50% of gross) in E11?"
No.
It is Net invesment made by you in the business till date .........
No.
If you are not sure about the capital investment, better leave it blank.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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