Chartered WisdomNov 22, 2021HOW To File INCOME TAX RETURN (ITR) For SMALL BUSINESSMAN | Income Tax E-Filing | ITR 4 LIVE DEMOChartered Wisdom A small businessman having turnover less than Rs 2crore may opt for the scheme u/s 44AD and declare the profits at 8% of gross receipts(6% in case of digital receipts) .To know more ,click hereA doctor can opt for presumptive income scheme u/s 44ADA if his gross receipts do not exceed Rs 50 lakhs and can declare 50% of gross receipts as his income.View video at Chartered Wisdom
Chartered Wisdom A small businessman having turnover less than Rs 2crore may opt for the scheme u/s 44AD and declare the profits at 8% of gross receipts(6% in case of digital receipts) .To know more ,click hereA doctor can opt for presumptive income scheme u/s 44ADA if his gross receipts do not exceed Rs 50 lakhs and can declare 50% of gross receipts as his income.View video at Chartered Wisdom
