Query wrt ITR 3 | Presumptive Taxation Case

0 views
Skip to first unread message

Anurag Singal

unread,
Jul 13, 2018, 12:58:25 AM7/13/18
to chartered accountant in india
Hi

An assessee is following the case of presumptive taxation u/s 44AD and not maintaining books of accounts


In case of ITR 3, Balance Sheet Tab

Its written that 

BALANCE SHEET AS ON 31ST DAY OF MARCH, 2018 OF THE PROPRIETORY BUSINESS OR PROFESSION (fill items in a case where regular books of accounts are maintained, otherwise fill item 6)

Item 6 for "NO ACCOUNT CASE"

In a case where regular books of account of business or profession are not maintained -furnish the following information as on 31st day of March, 2018, in respect of business or profession) 
a Sundry Debtors  
b Sundry Creditors  
c Stock-in-trade  
d Cash balance

But if we fill only Section 6, XML utility is showing error

Pls advise how we can deal with this situation

Thanks & Regards

Anurag Singal

Reply all
Reply to author
Forward
0 new messages