itr4 for AY 2011-12

This query is : Open

prahlad tanwani (Querist)
Follow

26 May 2011 what is the difference between ITR4 2010 and now ITR4 2011 in respect of filling up TDS schedule 2 .can now we enter total of all entries (in one 16A) in a single row for a deductor while date wise entries are not required.
if I am having 10 entries in a tds certificate 16A provided by a deductor. Now should I enter these 10 entries separately in 10 rows or its total in one row although now there is no need to make entry date wise. please make it clear urgently because I am going to submit ITR 4 online. thank you.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

27 May 2011 You may enter in a single row also , as the
detailed information is available in 26AS itself.

Message likes : 1 times

prahlad tanwani

prahlad tanwani (Querist)
Follow

15 June 2011 if my commission income is only Rs. 10,000 and TDS Rs. 1,000 has been deducted by company.now for refund purpose i have to file my return of income.what ITR form should i file whether regular ITR4 or ITRs.in this scenario what figure will be considerd as my turnover.if my turnover is considered Rs. 10,000 then can i show all this amount (100% instead of 8% as described in 44AD) as my total income while i have no any expenses to be deducted from this gross profit/receipts,and there is no any other income at all.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

15 June 2011 As ITR 4S relieves small assessees from so many things like preparing a Balance Sheet & P&L A/c, you must prefer the same.

Section 44AD provides an option to show higher profit of the gross turnover.

As you have no other Income as well as you also do not have incurred any expenses, you can declare the whole commission as income in ITR-4S.

Message likes : 1 times

prahlad tanwani

prahlad tanwani (Querist)
Follow

15 June 2011 thanks sir, finally pl comment on...
https://www.caclubindia.com/experts/section-44ad-and-itr-690625.asp

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tpksathyan narayanan

SHYAM SUNDER GULATI

Smrity

atul kumar soni

S N Unni

Subscribe Now

itr4 for AY 2011-12

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Manager- Finance and Compliance

Accountant

Senior Executive

GST CONSULTANCY

CA Final