Section 44 ad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2013 Dear Sir,

Can you please guide me regarding ITR 4-S for section 44 AD.

Weather Financial Details like Cash, Debtors etc. is compulsory to give in ITR - 4-S or not ?

Because we are filling without giving this details & no validation error occurs.

Thanking you in advance for reply.

Ashish Jain

Ashish Jain (Expert)
Follow

15 June 2013 It is cumpulsary , however you does n't fill any amount it means the figures are nil.

Message likes : 1 times

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
Follow

15 June 2013 It is advisable to fill in the details, its not creating an error because Sec 44 AD is presumptive Taxation provision and taxation is a percentage of Gross Receipts

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2013 Ashish Jain Sir can i verify it where it is compulsory ?

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2013 Where it is written that it is compulsory ?

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok