11 July 2018
Dear Sir, I am a manpower supplier (recruitment vendor) to companies. My clients pay me after deducting TDS under section 194A @ 10%. can I file ITR4 (for presumptive income from Business & Profession) for F.Y. 2017-18 (A.Y. 2018-19)? Also, what business code I need to mention? (last year I had mentioned 0607). Further, I receive all my payments through RTGS (elctronic clearing system / bank transfer). Then shall I declare presumptive income under section 44AD @ 6% of the total annual receipts which are less than 20 Lakhs?