Comment on Taxation Simplified

S Talukdar commented on 27 Feb 2014, 09:25 PM

Hi, A quick question, if I do not show it as a profit and my turnoevr is much less than the required limit (1 crore I believe) after which the audit is required, can a simple ITR 4 submission with no loss carry-over help me? Needless to say all the necessary books of documents will be prepared along with it.

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