Itr for a.y 2013-14

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 April 2014 DURING F.Y 2012-13 I HAVE CASH DEPOSITS IN MY SAVING ACCOUNT AROUND 3.25 LAKHS. WE IS EARNED FROM DEVELOPING WEBSITES.
I HAVE CASH WITHDRAWLS APPROX 1.20 LAKH .

I DONT HAVE ANY BOOKS OF ACCOUNTS.

I WANT TO FILE MY INCOME TAX RETURN.
PLZ GUIDE UNDER WHICH ITR FORM NEED TO FILE.
THANKS IN ADVANCE

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 April 2014 you can file ITR4-S for the same.

Querist : Anonymous

Querist : Anonymous (Querist)

18 April 2014 1. I DONT HAVE EXACT GROSS RECEIPTS AMOUNT ... I FIND ONLY THROUGH MY BANK ACCOUNTS .IS IT SUFFIECIENT.

2. EARLIER TO F.Y 2012-13
I WORKED IN PVT COMPANY AND MY INCOME IS 3.50 LAKHS .
IS THERE ANY PROBLEM IN FUTURE IF I FILIED 8% OF MY CASH DEPOSITS (AS PER BANK ACCOUNT) AS PER SECTION 44AD
AS INCOME.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 April 2014 there is no problem. yes. income credits in Bank statement plus any income received in cash shall constitute gross receipts.

Rupesh Jain

Rupesh Jain (Expert)
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18 April 2014 YOU HAVE NOT MENTION THE AMOUNT OF CASH DEPSOIT.

IF YOUR RECEIPT IN BANK RS. 1.00 CRORES THEN YOU CANNOT FILE THE RETURN IN FORM 4S THEN YOU HAVE TO AUDIT YOUR ACCCOUNT AND THE FILE THE RETUN IN FORM -4.

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