Income tax return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 October 2013 one of the asseess has commission income and also their job work income ?

can assessee go for itr 4 for commisson and also job work income can go for 44ad section with same time ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

23 October 2013 Finance act 2012 has specifically excluded person having commision income from filing itr4s under sec 44AD as sec 44AD is not available to them.

Querist : Anonymous

Querist : Anonymous (Querist)

23 October 2013 but can we claim 44ad for job work income?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

23 October 2013 you cannot file sep itr if u have more then 1 income source as only 1 itr for 1 year is allowed...so u should file itr-4 and disclose all source of income in it.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now