Dear sir,
i have presumptive profit u/s 44AD but during the 2016-17 i sold one open plot and gained. Which ITR form i should fill ?
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ITR form
Replies (38)
ITR3 for AY 2017-18, under no books of account maintained.......
Itr 3 will be applicable.
thank u sir
Yes... I agreed both Experts view...
ITR 3 is Applicable. Also Choose "No books of Accounts Maintained" Select the option : 44AA is No
is there any limit to opt No books of accounts?
then i have to show business income in IT instead of presumptive profit. right?
 |
is there any limit to opt No books of accounts? |  |
For Section 44AD turnover limit for eligible business has been extended to 2 Crs.
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then i have to show business income in IT instead of presumptive profit. right? | |
You can declare your business income under presumptive scheme (under section 44AD), in ITR 3, under no books of accounts option ....... similar to as declared in ITR 4.
But because you have Capital gains over plot...... ITR 3 is to be filled, as the option of CG declaration is not available in ITR 4.
Yes sir :-) Thank u.. the same option has been available in ITR JAVA utilities?
Yes............ in either utilities........
| Originally posted by : Raju Miskin | ||
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Yes sir :-) Thank u.. the same option has been available in ITR JAVA utilities? | |
Yes... Available.
Java utilitity is best of Excel Utility...
ok sir thank u so much
sir i have to enter GP, NP and Total receipts under No books cases, Right??
Yes...
Required under the columns in BS and PandL details in "No books of Accounts"
Required under the columns in BS and PandL details in "No books of Accounts"
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