This query is : Resolved 

Querist : Anonymous (Querist) 23 June 2011

Dear Sir,
To whom it is compulsory to file new itr-4s?

If one have only business income so is it compulsory for him to file ITR 4-s or he can file ITR-4?


23 June 2011

If you want to avail facility of presumptive income under section 44AD then ITR4S is required. It is useful for small businessmen not keeping full sets of account books. All other proprietory business have to fill ITR 4.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
Download GST App    |    x