Mr A is owning an auto-rikshaw and he himself drives the same. This is his the only sourse of Income. He want to file Income Tax return, please let me know what will be the requirement of documents in his case.
Udgam Koomar (Tax Technologist) 26 November 2015
Does he maintains any expense log book and liabilities? Whats the total income like?
S. Shiroor (Others) 26 November 2015
If his turn over is Rs 4600 per day and he is driving 365 days in a year than his approx net income is above 2.5 Lakhs. Considering he is using some kind of fuel.and idle ride is normal.
Raj C Doshi (Practising CA) 26 November 2015