Itr 4s and sec.44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2011
Respected CCI members
i have a query about the ITR4s. if any person having gross receipts of 350000/-p.a and having income of 159000/-. Sec. 80C 10000/-.then which ITR should be filed.and if it is ITR 4S then what is the procedure of sec.44AD.
source of income is renting of bistar.
What amount to be filled in option E1 to E6 if it is ITR 4S.
i have a query about the ITR4s. if any person having gross receipts of 350000/-p.a and having income of 159000/-. Sec. 80C 10000/-.then which ITR should be filed.and if it is ITR 4S then what is the procedure of sec.44AD.
source of income is renting of bistar.
What amount to be filled in option E1 to E6 if it is ITR 4S.
CA Navin Jain
(Expert)
07 August 2011
SEC 44AD is not applicable on professional, first you need to clear source of receipt
CA Ashwani Agarwal
(Expert)
07 August 2011
If it is simple renting of "beds", then you can easily fill ITR 4s for the same.
In 44AD u have to simply show your NP 159000, turnover and deductions.
In 44AD u have to simply show your NP 159000, turnover and deductions.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
