if there is business income & also professional income den which return to be filed i.e itr4 or 4s??
is it correct to claim the full professional income & not claim any expenses??
how to show both business & professional income in p/l??
if there is business income & also professional income den which return to be filed i.e itr4 or 4s??
is it correct to claim the full professional income & not claim any expenses??
how to show both business & professional income in p/l??
I think 4s is only for presumptive business income...for other business/profession income only 4 is to be used.
You may file ITR-4 and show income from business/profession and also claim expense deduction.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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