respected all...
i hv a cousin who is doing a proprietory trading business and not maintaining books of ac u/s 44ad.... wat itr he shud use.... will it be itr 4 or sugam.... pls do give a reply to my query
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Itr 4 or sugam
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ITR-4S i.e, Sugam is applicable in this case as it falls under profit or gains of businees on presemptive basis U/s 44AD.
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