Itr


This query is : Resolved 

(Querist)
11 March 2014 my client(individual) turnover is 43 lakhs from businees , 80C is 1,00,000, and housing loan paid is interest 1,02,619 and principal is 5,309 Do can i file ITR 4S


11 March 2014 u have not mentioned the nature of business of ur client.

siva thunder (Querist)
11 March 2014 clients business is catering

11 March 2014 in such case ITR 4s is allowd...go ahead.

11 March 2014 Yes, U can file ITR 4S...as per section 44AD on Presumptive basis....other experts opinion also should be considered before final decision.


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