Itr 4s
Querist : Anonymous
FOR ASSESSMENT YEAR 2013-14, I HAVE NOT PREPARED PROPER BOOKS OF ACCOUNTS, AND I WANT TO FILE MY IT RETURN AND I HAVE TAX REFUND.
CAN I USE "FORM NO. 4S"
IS IT ALLOWABLE TO CHANGE IN INCOME TAX RETURN FORM NO 4 TO 4S ?
Querist : Anonymous
Querist : Anonymous
You can file ITR4S. No issues you can change from ITR4 to ITR4s. Return is of AY 2013-14, so file it on or before 31st March 2015.
ITR 4S can be used when total income comprises following income:
# Business income where Presumptive scheme under section 44AD & 44AE of the Act is used for computation of business Income
# Salary/Pension
# One House Property
# Other Sources
# More than one House Property
# Winning from lotteries/horse races
# Capital gains not exempt from tax
# Agricultural Business in excess of Rs. 5000
# Speculative Business
# Losses to be carried forward
# Return in ITR‐4S cannot be filed by a person, who is deriving income as referred to in sub section ﴾1﴿ of section 44AA or income from agency business or income in the nature of commission for brokerage
# Any asset ﴾including financial interest﴿ located outside India;
# Signing authority in any account located outside India;
# Has claimed any relief of tax under section 90, 90A or 91;
# Has income exceeding Rs. 5,000 which is not chargeable to tax.
Click here to login now
Similar Resolved Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- Inter corporate deposits
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Transporter Declaration form
- Regarding appeal to GSTAT
- Invoice V/S Goods receipt Note Date
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
