if I have multiple business units.
rate of profit of unit 1 is 2% and unit 2 is 15%. and my average profit rate is 10%. Am I eligible for presumptive income?
Can I file ITR 4 ?
Menu
presumptive income for multiple business
Replies (5)
what type of business ?
unit 1 Retailer
unit 2 professional
unit 2 professional
You are eligible if turnover of retail business does not exceed 2 crores and 50 lakhs for professional business
thank you Gourav sir
but both units are retailers?
but both units are retailers?
what type of professional ?
if it's falling under 44ADA then averaging not possible
if it's falling under 44ADA then averaging not possible
Recent Topics :
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
- TDS on payment to a non resident
Related Topics :
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
CCI
Pro
CAclubindia
