Itr4 or itr4s

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2012 DEAR SIR,

FOR PROPERIATORSHIP BUSINESS ITR4 OR ITR4S WHICH RETURN TO BE FILLED FOR A.Y.2011-12?

IF ITR4S THEN IS THERE ANY SOLUTIN AS WE HAVE ALREADY FILED ITR4 ONLINE.?

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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23 March 2012 ITR 4s for the business holders who offering their income under section 44AD and doesn't have capital gain sufficent. Those who have capital gain should be file ITR 4 but the who are sufficent with can file ITR 4 and no problem but vice-versa not possible. So in your case if you are not liable for Capital gain tax eventhough you filed ITR 4 no problem has been arise.
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