Itr form appplicabilty

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 March 2017 My client is doing embroidery business.He takes material from his customer and do embroidery on that through his workers and then raise bill for embroidery charges.Is this a profession or business ?
Can I take the benefit of ITR 4S with 8% profit or should I have to pay 50% of turnover as tax If i file return under form No. 4S ?
Kindly suggest.

31 March 2017 Treat it as business and file ITR 4s with 8% profit.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 March 2017 But in F.Y. 2015-16 his TDS has been deducted under section 194J for professional charges.So now I have to claim that TDS. So, Can i still file that 4S return with 8% profit ?

31 March 2017 If TDS deducted u/s 194J then you have to file ITR 4.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details