While filing ITR 3 Audit Information coloumn, point (a2), do we have to tick it as yes if we are maintaining books of accounts and showing porfit above 8%
secondly, in point(a2) What do we have to tick, if we have income from other heads also as wordings of point (a2) read as 'Whether assessee is declaring income only under section 44AE/ 44B/44BB/44AD/44ADA/44BBA/44BBB.
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Query in Filing ITR 3, Audit Information
Replies (3)
Quick Summary
It's relating to Business income only. (not relating to other heads income)
Column (a2)... Choose YES, if you are declaring Income u/s 44AD/44ADA ect.......
if (a2) is YES, than all other a2i, a2ii, a2ii are Not applicable (i.e No)
Column (a2)... Choose No, if you are not declaring Income u/s 44AD/44ADA ect.......but declaring aa a normal scheme
if (a2) is No, than all other a2i, a2ii, a2ii are applicable and answer respectively......
Column (a2)... Choose YES, if you are declaring Income u/s 44AD/44ADA ect.......
if (a2) is YES, than all other a2i, a2ii, a2ii are Not applicable (i.e No)
Column (a2)... Choose No, if you are not declaring Income u/s 44AD/44ADA ect.......but declaring aa a normal scheme
if (a2) is No, than all other a2i, a2ii, a2ii are applicable and answer respectively......
Thank you for replying
Welcome..........Aanshi ji
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