Menu
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
Recent Threads
- Foreign professional income.
- RCM Paid by NBFC
- TDS not deposited by the deductor
- Electricity bill check online – need guidanc
- Assessmet Procedure us 147
- My deduction under 80 g is wrong and I should have
- GST utility 3.2.3 json not generating
- SCh FA declaration - guidance on the filling of th
- Foreign income and bank account
- Unorganised chit amount
Related Threads
CAclubindia
