Can we show more than 8% income in ITR 4s?
Can we show more than 8% income in itr 4s?
Tax (Student) (165 Points)
26 October 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 27 October 2016
Yes, the limit is on lower side; no upper cap.
Rohit verma
(student)
(23 Points)
Replied 01 April 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 01 April 2017
ITR 4S has some limitations, like only one house property, no partnership remuneration income, agricultural income less than 5K etc. etc. In that connection ITR 4 is universal, any individual can file.
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