Dear Friends,
One of my friend is doing Crane Services. He has received all service payments through his self bank account and his wife & father's bank account. He didn't maintain any records for Income and Expenses. Now, he want to file ITR for himself, his wife and his father. Which ITR form can we select? Also, how do we declare expenses in ITR?
Menu
ITR Form for Crane Services
Replies (5)
Quick Summary
What is the annual income??
Criteria for selecting itr.
annual income.
source of income
category of assesse.
annual income.
source of income
category of assesse.
Wife and father are not rendering crane services in such a case transferring remuneration of crane services is not correct, wife and father cannot file ITR when they have not earned income total amount from crane services will be his income
File return of income under section 44AD declaring 8% income when books of accounts not maintained on presumptive basis
File return of income under section 44AD declaring 8% income when books of accounts not maintained on presumptive basis
Annual Income 15 to 18 LPA all 3 accounts together. All are Individual, source of income from Crane and Recovery Van services. Crane Services payments are received in 2 persons bank accounts , Recovery Van payments are received in one bank account.
Please advise
Please advise
File return of all persons and show income appropriately as per bank account transactions
Recent Topics :
- Short Deduction
- Large mismatch between AIS Business Receipts and G
- Income tax on Australian Stipendiary Steward on 3
- INCOME TAX SECTION 92E
- Queries on Tax Invoice and GST
- Income Tax Auditor Tenure for Small Companies
- Sec 8 company sec 12ab reg
- AIS Password: How to Open Your AIS PDF?
- Interview Questions
- ITR Filing Last Date 2026
Related Topics :
CAclubindia
