Difference between itr 4 and itr 4as
This query is : Resolved
Guest
Guest
(Querist)
26 January 2013
difference between itr 4 and itr 4as
26 January 2013
ITR -4 IS MEANT FOR THE ASSESSEES HAVING BUSINESS INCOME AND/ OR OTHER INCOMES. AND THE BUSINESS INCOME IS NOT COMPUTED UNDER PRESUMTIVE BASIS U/S 44AD / 44AE.
WHERE AS ITR -4S IS MEANT FOR INCOME FROM BUSINESS COMPUTED ON PRESUMTIVE BASIS.
WHERE AS ITR -4S IS MEANT FOR INCOME FROM BUSINESS COMPUTED ON PRESUMTIVE BASIS.
26 January 2013
ITR 4 & ITR 4S , both are applicable to the persons having income from business or profession.
.
ITR 4S can be used if the person is having income from -
Salary, pension, One House Property, business income of which can be shown U/s 44AD or 44AE and Interest Income.
.
ITR 4S can not be used means ITR 4 will only be applicable -
1. Tax Audit Case
2. Professional or commission Agent
3. Capital Gains Income
4. More than 1 house property income.
5.Agriculture income
6.Having Interest in the property out of India.
.
.
ITR 4S can be used if the person is having income from -
Salary, pension, One House Property, business income of which can be shown U/s 44AD or 44AE and Interest Income.
.
ITR 4S can not be used means ITR 4 will only be applicable -
1. Tax Audit Case
2. Professional or commission Agent
3. Capital Gains Income
4. More than 1 house property income.
5.Agriculture income
6.Having Interest in the property out of India.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Fixe term employment
- Is any professional CA is here please reply
- Reopen of assessment proceeding
- Experts need help
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Gift Received from nonblood relative
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- EPF FULL & FINAL RULES IN 2026
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
