l have filed ITR-4 for A.Y 15-16 to one of our relative as he is maintained books and shown expenses but instead he has not maintained any accounts now I wish to file ITR-4S as he not maintained books, I am in a doubt that by changing the return form is there a chance that my return gets scrutiny.kindly assist me

dear expert,

f.y.2014-15 my client business Total turnover 45 Lacs and file income tax ITR-4 IN 44AA (BOOKS OF ACCOUNT TO MAINT.)

and

F.y. 2015-16 i would like to file itr 4s

so can possible this case

reply urgent

due to non payment of installment my omini car was seized by related officer. so please assist me how I show in my balance sheet regarding this. seized date 05/08/2015.

Hi Everyone....

as we all know we are not required to give Balance Sheet and P&L A/c along with return under ITR-4S

So I Want to know if I file income tax return as per loan requirement through ITR-4S.

Kindly explan :-

1) ITR-4S can serve my purpose for obtaining loan from bank. i.e. May Bank give loan to customer on the basis of ITR-4S

2) ITR 4 must for Loan

Hi Everyone…

My friend is in doing business of purchase of Car and gives it to rent to someone for which he receives rent of Rs. 40000/- p.m. And he does not maintain books of account for hiring of car. He hire currently 3 cars on rental basis.
My Query is:-

1.) In which head income received from hiring of car is taxable.
2.) Which ITR should be filed ? He does not maintain books of accounts.

Please answer the Query…..

hello sir/ma'am, I have completed my MBA. I am working in a company as a Management Trainee and my salary is 5,50,000. TDS will be applicable to my salary or not? and if yes then how much ?

is 44ab applicable to corporate bodies like companies?
just tell me yes or no.

Is the turnover limit for business made 2 crores from AY 2017-18 or AY 2018-19?(For s 44 AD) Are all amendments are applicable From 1/4/2017 only?(S 44AD? The limit of Turnover for S 44AB is 1 crore or 2 Crores For AY 2017-18(Fina. Yr 2016-17). Is the turnover limit for SSI unit will be increased from 1.5 Crores to 2 Crores? Is advance tax for 44AD applicable for Financial Year 2016-17?

my friend sold his house in April for 1.8 crore. his share is 33%. can he avail tax benifit. aquisatiin period is 1983. sold year 2016. improvements cost is. 4 lakh (2015). so please suggest some tax savings plans just like capital gain scheme.

Dear Sir,

I paid 2 lakh to my father one year before as there was some operation he had to undergo and he needed the money, so I transferred that to his account, After one year he returned that money to me. There was no interest that he paid me. I paid him 2 lakh and after one year he returned 2 lakh.

I did not show this amount in my ITR. my fathers passbook shows that the amount he received from me and my bank passbook shows that I received the same amount from him. So If my return is selected for scrutiny, will I have to pay any tax or penalty. This is not a income so I did not show it in ITR. was it wrong on my part not to show this in ITR?

Please advice. .