Income tax computation
This query is : Resolved
Nitin Kumar Gola
(Querist)
01 November 2013
Dear Experts,
I have salaried income rs. 198000/- in last fy 2012-13 and i have income from business & professional from Transport.
My total turnover from transport business is Rs. 3200000/-. so please suggest me how much income i show in ITR.
I have salaried income rs. 198000/- in last fy 2012-13 and i have income from business & professional from Transport.
My total turnover from transport business is Rs. 3200000/-. so please suggest me how much income i show in ITR.
CA Pallav Singhania
(Expert)
01 November 2013
Pls provide the full details of the Business Income 44AE...
Dhirajlal Rambhia
(Expert)
04 October 2021
If your transport business is carriage of goods, having not more than 10 goods vehicle, then you can opt for Sec. 44AE, under ITR4s. Otherwise go for ITR 4 with normal assessment.
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