44AE ITR plz share

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Jayaram

Senior Finance Officer

398 Points Joined December 2016

How file ITR 4 under 44AE .
plz tell me about I don't have any knowledge.

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The income calculated under section 44AE is estimated and considered to be the net income of the assessee and no deduction shall be granted. However, where the assessee is a partnership firm, the remuneration or interest paid to partners can be claimed as deduction under section 40(b)