Form to be used s.44ad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 May 2012 Dear Experts,

My client has income from a recruitment consultancy. It is a proprietor firm.I want to file his return on presumptive basis @ 8% u/s 44AD. He also has personal income of STCG . Which IT form I shud use. Had it been only presumptive income I would have used 4S. But 4S does not have any provision of Capital Gain.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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24 May 2012 You will have to use ITR 4

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