IT Form ITR 4s Is Apply For A Person Whose Bussiness T/O
This query is : Resolved
19 July 2011
IT Form ITR 4s Is Apply For A Person Whose Bussiness T/O not Exceed 44AB Limit.
T/O is Above Than 1600000 Lac.
So He Can File Return In ITR4s Or Not
T/O is Above Than 1600000 Lac.
So He Can File Return In ITR4s Or Not
19 July 2011
Turnover is above 1600000 Lacs , then that must be a big party.
Tax audit is required. ITR 4 will be applicable.
If tornover is 16.00 lac then he can file his return in ITR 4S, by showing the income @ 8 % of turnover.
Tax audit is required. ITR 4 will be applicable.
If tornover is 16.00 lac then he can file his return in ITR 4S, by showing the income @ 8 % of turnover.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- Query Regarding Refund Adjustment Against Outstanding Demand
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- Computation of Dividend
- Custom Morale Hat Patches UK
- GST APPLICABILITY TO DIAGNOSTIC
- Clarification on GST Applicable for Training Hall Rent Invoice
- Multiple GST under same PAN
- Itr processing delay
- Query Regarding Adjustment of Income Tax Refund Against Interest Liability
- PAN from DIN
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- Purchase of property from NRI
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
