ITR 4S


This query is : Resolved 

22 December 2016 please tell me..if the assessee filed a return under section 44ad for nil tax payable..now what I should write income & other sources?

22 December 2016 You have to declare minimum 8% income on gross turnover. If it comes tax bracket than no tax liability.

22 December 2016 gross turnover or gross receipts?

22 December 2016 nil tax filed a return under ITR4s

24 December 2016 It has to be gross turnover and no other information is required.

25 December 2016 the assessee is a tailor & gross turnover 190000 and same I'll show the same amount business income. it is correct to file itr4s

25 December 2016 cash in hand 9000

25 December 2016 also then bank a/c shows

25 December 2016 Yes you have to declare min 8% gross turnover , if you want to declare 190000/- declare the same.


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