Hey there,
I'm working as a freelancer. From April 1, 2015 to March 31, 2016 I have made around 17 Lakhs, but I have spent 7 lakhs in business related expenses.
Can someone tell me what is the last date to file my income tax? Please note: I'm not a salaried professional. So can you tell me what is the procedure to file income tax and how much its gonna cost for me?
Big thanks.
you have to file ITR4 as business income, where you have to claim business expenditure from gross receipts
last date of furnishing return is 31 july 2016 for the year ended 31-03-2016
Thanks Sharma
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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CCI
Pro
CAclubindia
