23 June 2017
Assessee has not maintained any books of accounts for last 3 years. He has been doing business of hiring 3 proclaimers and earns business income besides repairs of proclaimers. He would like to file Income Tax Returns for last 3 years now under presumptive taxation. My query is whether he can file ITR 4S as per 44AE or 44 AD ? whether proclaimer is a goods carriage or heavy goods vehicle? suggest me ?