Catering Business ITR

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  1. AMIT KR GHOSH

    AMIT KR GHOSH New Member

    Which ITR is to be filed by Catering Business having Profit of Rs. 162000/- for the Year 2014-15.
    ITR 4S or ITR 4.
     
  2. sai tejesh(ca.final)

    sai tejesh(ca.final) Active Member

    If the profit of RS.162000/- is within the limit of 8% on turnover,then u can use ITR 4s.
    if u are doing business under partnership firm,then u shall use ITR 5 disclosing 8% income on turnover.
     
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