Hello,
I am filing ITR 4S first time. I am working in a company on contractual basis.
Can anyone help me to brief about the COL. E10 in ITR 4S form which I am unable to understand exaclty.
And also please tell me that is it mandatory to fill E6-E10 colomns in form?
In my opinion you just simply fill ITR-1.
sir thanks,
but i have received form 16a from my company. and i working as a contracted professional...
plz advice?
Dont know what has happened to professional.These days companies are deducting tds u/s 194C or 194J for contractual employees. But they failed to interpret the definition of employer employee relationship. At last hardship came to assessee only how can he provide the debtors,crediotors,cash and capital value???????????
sir,
one of my colleague has filed ITR-4S with the help of his CA friend. i saw his filled form. he mentioned gross turnover 126738/- for year 2013-14 and total presumptive income 126738/- and amount of cash balance 5154/-. how he has calculated it? E7/E8/E9 colomns are empty.
yes you can left the E7,E8 and E9 column blank and total amount received from the organisation he has shown as Gross turnover and after deducting all the expenses and savings for the year he has shown the amount as Cash in hand.
sir,
it means I can put any amount like 4-5 k in E10 directly? no other calculations or data required to feed for it in form?
yes you may but it must justify the amount left for the year in your pass book.
a lot of thanks to you sir.
CAclubindia
