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Mahesh Shah   30 July 2021

Itr2 for AY 21/22

while filling itr2 for AY 21/22...I have selected NO for foreign income schedule
but in preview schedule it is showing YES
how to remove this bug?


 23 Replies

N Das

N Das   30 July 2021

I think this is a system issue. Please wait further for system update.
Mahesh Shah

Mahesh Shah   30 July 2021

Ok....thx a lot
Jimmy Shergil

Jimmy Shergil (Chairman)     31 July 2021

Is ITR 3 utility available for FY 2020-21

Nidhi

Nidhi (Chief Accountant)     31 July 2021

No, return filing utility for Form ITR 3 is stil not available.
change to come only in August
1 Like
Deepak Kumar

Deepak Kumar   31 July 2021

ITR 3 utility is not available for Fy 20-21 in income tax portal only available ITR1,2 and 4
Jimmy Shergil

Jimmy Shergil (Chairman)     31 July 2021

Which form required to be filed if I have a business income and salary income

Nidhi

Nidhi (Chief Accountant)     31 July 2021

Which business and Turnovers?
Jimmy Shergil

Jimmy Shergil (Chairman)     31 July 2021

Ready made Garment Trading, Sale of last year was around Rs. 1.5 cr

Nidhi

Nidhi (Chief Accountant)     31 July 2021

You can file form ITR 4 and show business income u/s 44AD as your Turnovers is less than 2 cr.
1 Like
Jimmy Shergil

Jimmy Shergil (Chairman)     31 July 2021

How much tax i have to pay in that case, as i am not preparing profit & loss account

Nidhi

Nidhi (Chief Accountant)     31 July 2021

You are not required to maintain books of accounts, if you are declaring your business income u/s 44AD i.e presumptive taxation
1 Like
Jimmy Shergil

Jimmy Shergil (Chairman)     31 July 2021

OK, I that case Have to compulsory declare 8% as profit of business

 

Deepak Kumar

Deepak Kumar   31 July 2021

I think you have file ITR-3 its relevant for you and your turnover is mor than 1 crore then Account shoulb be Audited its my openion sir
1 Like
Nidhi

Nidhi (Chief Accountant)     31 July 2021

If payment of sale received in cash than 8%, if in cheque than 6% as the case may be.
this is a minimum profit u have to show, you can show higher if u want
1 Like

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