Itr-4/4s
This query is : Resolved
18 June 2016
I am salaried employee and
have small business with the service of web designing, Data entry work.
I also selling ebook.( digital goods).
I am getting commission from Flipkart and Amazon as a affiliate.
My concern is that which ITR-4 or ITR-4S is better to fill ITR in 2016-17 assessment year.
have small business with the service of web designing, Data entry work.
I also selling ebook.( digital goods).
I am getting commission from Flipkart and Amazon as a affiliate.
My concern is that which ITR-4 or ITR-4S is better to fill ITR in 2016-17 assessment year.
18 June 2016
You will have to file ITR-4 only and can not use ITR-4S.
You are not eligible to file ITR-4S because you derive Income from a profession as referred to in sub-section (1) of section 44A.
S.44AA. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession as is notified by the Board in the Official Gazette shall keep and maintain such books of account and other documents as may enable the Assessing Officer to compute his total income in accordance with the provisions of this Act.
[Information Technology has been notified by the CBDT for the purpose of S.44AA(1)
You are not eligible to file ITR-4S because you derive Income from a profession as referred to in sub-section (1) of section 44A.
S.44AA. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession as is notified by the Board in the Official Gazette shall keep and maintain such books of account and other documents as may enable the Assessing Officer to compute his total income in accordance with the provisions of this Act.
[Information Technology has been notified by the CBDT for the purpose of S.44AA(1)
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