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return of income
if a partnership firm declares profit @ 6% of turnover then can it file ITR 3 with full profit and loss or is it compulsory to file ITR 4 with no account case under 44AD
Replies (2)
if you want file ITR 4 then you have to declare minimum 6% in respect of non cash turnover and minimum 8% in respect of cash turnover. if not file ITR 3 Under normal provisions
thanks
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