I.t.r form

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Rahul kumar

Rahul kumar (Querist)
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04 April 2012 Which type of form used in a.y 2011-12 by individul who is declearing lower income than 44ae

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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04 April 2012 YOU CAN USE ITR-4

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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04 April 2012 You will have to use ITR 4. Further, the assessee is also required to maintain books of accounts and also get his accounts audited.

You will have to mention the audit details in the return.

CA Prashant Gupta

CA Prashant Gupta (Expert)
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04 April 2012 ITR 4 alongwith tax audit details.

Rahul kumar

Rahul kumar (Querist)
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05 April 2012 But who file itr4(s)

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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06 April 2012 ITR 4 is applicable to assessees having income under the head business or profession.

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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06 April 2012 ITR-4S (sugam)applicable in case declaring income on presumptive basis u/s 44AD or 44AE.

In case declaring income less than the rate or amount specified under said sections, you have to maintain books of account and them should be audited. In such case ITR-4 is applicable.

Rahul kumar

Rahul kumar (Querist)
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08 April 2012 Thanks sir

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