Itr4

This query is : Resolved

Vivek (Querist)
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28 July 2013 Dear Sir,
There is an assessee who works in merchant navy and they are deducting 10% on his payment u/s 194J. His total payment in fy 2012-12 is Rs. 202000/- and besides this he has no other sources of income. Deductor has issued him form 16A for all four quarters.

In this case assessee is not claiming any kind of expences and he will show the whole payment as his income.

While filing itr4, whether the option of no account case can be opted, as assessee is not claiming any kind of expences and he has work with a single concern.

Please advise me.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 July 2013 No account case can't be opted by virtue of section 44AA(2)(i) of the Income tax Act,1961.

Vivek

Vivek (Querist)
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28 July 2013 If The assessee is not claiming any expenidture and except form 16A and bank passbook he does not have any other account maintained. Then what else department can ask to produce?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 July 2013 Books of accounts details are given in Rule 6F(2).

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