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Income from business of passenger vehicles

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2018 My company name is sakthhi murugan transports Heavy passenger vehicke . partnership firm. Turn over is below 60 lakhs. can i file ITR 4 i want to know whether. this Heavy passenger vehicke comes under section 44AD or 44AE..
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ALKESH T MEHTA

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ALKESH T MEHTA (Expert)
03 August 2018 You may opt to file ITR4 U/S 44AD,as 44AE is not applicable for passenger transport.

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