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itr form for brick factory
what is the appropriate itr form for brick factory owner?
Replies (3)
Its income from business, So ITR 3 if income below 1 crore. If income more than 2 crore or income over 1 crore and assessee doesnt opt for persumtive taxation then then ITR-5 alon with Tax audit report (Form 3CB & 3CD). If income below 2 crores and assessee opts for Persumptive taxation then ITR-4.
thank u sir for kind information.
If individual then he file ITR 3 or ITR 4 (presumptive taxation scheme)
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