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Itr for proprietor

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(Querist)
05 June 2014 An Individual having the following incomes during the f.y. 2013-14 :-

1) 175410 NP from a Proprietor business
(Manufacturing), NP is more than 8%
2) 9790 FDR Intt.
3) 4110 Saving Intt.

Whether he is liable to file ITR or not?

Please advise.
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CA Madhvi

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CA Madhvi (Expert)
05 June 2014 He can file ITR4S if regular books of accounts are not maintained otherwise he can file ITR-4 as regular business.IF GTI exceeds 2L then one is obliged to file ITR.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
06 June 2014 he is not liable to file the tax return but still can file it.



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 June 2014 you have an option to file itr 4s............

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