banner_ad

Which return form

Others 357 views 8 replies
User Avatar

871 Points Posted on 29 November 2022
A shopkeeper having a grocery shop.His annual turnover is 20 lacs.
He wants to file a income Tax return.
Which ITR to be file & which net profit ratio showed
0 Reply Share Follow
On 29 November 2022 at 22:37 Report
Replies (8)
User Avatar

SEO Sai Gr. Hosp.
211715 Points Posted on 29 November 2022

File ITR 4 with minimum 8% profit margin for cash sales/turnover.

1 Reply
On 29 November 2022 at 22:50
User Avatar

871 Points Posted on 29 November 2022
Ok Thanks
Reply
On 29 November 2022 at 22:57
User Avatar

SEO Sai Gr. Hosp.
211715 Points Posted on 29 November 2022

You are welcome ...           

Reply
On 29 November 2022 at 23:08
User Avatar

Profession Business
28207 Points Posted on 30 November 2022
Sec 44AD AND OTHER SECTIONS ARE RELEVANT RELEVANT.
1 Reply
On 30 November 2022 at 15:56
User Avatar

CFO- at NHTF
58280 Points Posted on 30 November 2022
ITR-3 also can be filed if you have maintained the books of accounts
8 Reply
On 30 November 2022 at 18:42
User Avatar

871 Points Posted on 30 November 2022
No. Books of accounts are maintained
Reply
On 30 November 2022 at 21:01
User Avatar

social
342 Points Posted on 30 November 2022

File ITR 4, no need of books of accounts. Maintain turnover records.

Reply
On 30 November 2022 at 21:05
User Avatar

CFO- at NHTF
58280 Points Posted on 01 December 2022
If books of accounts are maintained then you can declare actual profit
7 Reply
On 01 December 2022 at 07:20


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details