Form itr4 or 4s

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 August 2015 Dear expert
can some one explain me the difference between the itr4 or 4s. in which condition we need to file itr4 and 4s


plz reply

24 August 2015 ITR 4S is applicable to person carrying on business for whom presumptive taxation applicable u/s 44AD or 44AE.
For other business men ITR 4 is applicable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2015 Dear sir
if any person carrying on business but was audited for having below 8% profit will this person also need to file ITR4S

25 August 2015 ITR 4S is applicable for persons declaring 8% profit or more. ITR 4 has to be filed in this case.


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