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Choise of itr form

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 April 2013 contractor having annual receipts less than 6 lac and no other source of income, which ITR do i fill ITR 4S or ITR 4
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
21 April 2013 itr 4s is better option, show income whatever you want to but not less tha 8%( section 44ad)
select itr 4 in case maintaining books,
or shoeing income less than 8%, but if less than 8% audit will also be required along with maintaining books.

so go for itr 4S. simple to fill, no need of books maintaining, and easy to claim refund if any
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
06 June 2013 Yes I agree with the expert
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