How to fill itr-4 in this situation?

hi

my question is:-

a.y. 2013-14

status - individual

income head:-

1)house prop,

2)income from business a) partnership, b) propreitor ship

3)income from other sources

hence i have cosen ITR-4

situation is that

income from partnership rs.1,97,000

income from propreitorship rs.33100(gross receipts rs.725825),,,,now does the income from prop business attract sec 44AD(1)?

IF yes then how to fill up form iTR-4 because deemed income in Schedule BS ---A37(i) does not pickup the deemed income OF RS.58,066(8% OF RS.7,25,825.00)

please respond on this issue.

thanks

vishal rathod

Replies (1)

Dear Sir, 

GO for ITR-4. Put the partnership income schdl -IF and also show  share of partnership in exempt income. No need to fill in 44ad in itr 4s. i hope answer is clear if not then you can put a pm to me

Regards 

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