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Can we use itr4 instated of 4s(sugam)

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 December 2011 please clarify my doubt

Can we use ITR4 instated of 4S(Sugam) which details furnished u/s 44AD
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CA Sreenivasa Rao Munaga

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CA Sreenivasa Rao Munaga (Expert)
27 December 2011 Yes, but if any client would like to declare more than 8% of Gross Turnover as profit then it is better to file ITR 4S instead of ITR 4

please tell me why you would like to file ITR 4 instead of ITR 4S.

Thanks,
CA M Sreenivasa Rao.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
28 December 2011 Yes u can file ITR 4S as it is optional not compulsory for those who does not comes under section 44AB




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