Itr4 for professionals

ITR 4 ... u/s. 44ADA.

Capital as per estimation; others two can be zero.

sir
1.in retainership of advocate or architect, who will Sit in Office of EMPLOYER, above Law Firm' s Office , normally no CAPITAL IS REQD ,& Can CAPITAL be Shown as --00 --ZERO

2. what should be the critaria for making estimation of Capital in above case.

3. whether same or higher amount of Capital will have to be taken in Next AY 20-21 also

1. NO Capital Expenditure to purchase (only if rented, ok) the office, &/or furniture fixtures....

2. As per earlier capitalized expenditures after depreciation.

3. As such depreciated cost of assets at the end preceding FY.

thank u for the clarifications, sir

But sir in the case of retainership with law firm there is no capital requirement of the person who is retained, the capital requirement is Zer, there is only travel expenses and other few like that of Pen etc.