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which ITR file?
Which ITR file for kadiyakam/carpentar labour /butiparlour
Replies (4)
When set up is business like with labours employed ITR4 can be used under presumptive assessment; otherwise ITR3. (for housewives doing sidework, ITR2 can also be used)
4 laks gross receipt and as per 70 % net profit rs. 2.80 lakhs can we show?
Yes, in such service based activities, sometimes such high profit margin has been recorded.
Very very thanks sir a great service
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