How to calculate estimated taxes for sole proprietorship firm?
Have a query about taxes pertaining to sole proprietorship firm? Looking out for answers online? Read responses from experts on this page and get clarity about your doubts.
I know that we have to file either ITR4 or ITR4S form for filing tax on sole proprietorship firm. Filing through ITR4S is easy as taxable income is calculated as 8 percent of revenues but filing ITR4 seems to be very complicated. We have to file ITR4 form if our business' profit margin is less than 8 percent of the revenues.
Is it possible to file income tax return for sole proprietorship firm in India without the help of a Charted Accountant?
How to do online filing of income tax return for sole proprietorship through ITR4?