Urgent itr4s

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2016 A PERSON HAVING INCOME FROM CUTTING, DISPATCHING AND PACKING JOBWORK OF SUPARI AND HAVING TURNOVER BELOW RS. 10 LACS CAN HE BE FOLLOWED SECTION 44AD AND CAN FILE ITR 4S ?

Ganeshbabu K

Ganeshbabu K (Expert)
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27 January 2016 Yes he can follow 44AD and file ITR4S if he declares his profit above 8% on turnover

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CA Mehta Ankur N.

CA Mehta Ankur N. (Expert)
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27 January 2016 Yes .... You can file ITR 4 S

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Querist : Anonymous

Querist : Anonymous (Querist)

27 January 2016 THANK YOU VERY MUCH SIR TO GUIDE, LIKE THIS ANY INCOME FROM LABOUR CHARGES, JOBWORK OR ASSIGMENTS EXCEPT INCOME UNDER SECTION 194J CAN FOLLOW THE SAME.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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27 January 2016 Tds other than Except 194J can be Filed ITR-4s, Upto Gross Turnover 1 Crore. once More than 1 Crore Tax audit applicable . Minimum 8% on Gross Turnover Tax ti be declare as Profit.

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