Income u/s 44ad

Originally posted by : ANIMESH LAHA
	Can we show agriculture income along with business income in ITR 4S?

Yes, but agricultural/exempt income should not exceed Rs. 5000/-, otherwise use ITR-4. [Refer to Rule 12 of the Income-tax Rules, 1962]

Originally posted by : NAVEESH DHAR
	In my opinion you can use ITR 4S form criteria for limit of exemption of rs. 5000/- only in the case of itr1.

Rule 12, sub-rule (1), clause (ca)
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in the case of a person being an individual or a Hindu undivided family deriving business income and such income is computed in accordance with special provisions referred to in section 44AD and section 44AE of the Act for computation of business income, be in Form SUGAM (ITR-4S) and be verified in the manner indicated therein:
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Provided that the provisions of this clause shall not apply to a person who,—
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(I) is a resident, other than not ordinarily resident in India within the meaning of sub-section (6) (Should be read as 'clause (6)') of section 6 and has,—
  (i) assets (including financial interest in any entity) located outside India; or
  (ii) signing authority in any account located outside India;
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(II) has claimed any relief of tax under section 90 or 90A or deduction of tax under section 91; or
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(III) has income not chargeable to tax, exceeding five thousand rupees.