Which itr to file itr 4 or 4s?

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Praffullata Muli (Querist)
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30 July 2016 My client who has a proprietary business comes under presumptive taxation scheme and want to file the return u/s 44AD. He also receive remuneration and interest from partnership firm and the firm also come under presumptive taxation. Which return he has to file ITR 4 or 4s? Where to show remuneration and interest in 4s? Kindly advice. Thanks
Praffullata

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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30 July 2016 Form designed is ITR -4

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KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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30 July 2016 itr-4 you can choose Regular books not maintained than declare presumptive income there only you have option to declare income from Partnership.

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Praffullata Muli

Praffullata Muli (Querist)
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30 July 2016 Thank you both of you for the speedy reply.

Praffullata Muli

Praffullata Muli (Querist)
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30 July 2016 Will I get all the benefits of sec 44AD like you don’t have to maintain accounting records,you don’t have to pay advance tax and you don’t have to get your accounting records audited or shall I have to keep and maintain the books of accounts?

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