Section 44ad itr 4s

Please tell me if assessee is having income from renting 5 house properties and also has a business income trading - wholesaler, have 80 C deductions too. Which ITR to be filed..? 4 or 4S?

Thanks in advance..

 

Replies (2)

 

 Which Form is Applicable
 
S.No For Þ Individual Individual, HUF
Source of Income ß ITR-1
(SAHAJ)
ITR-2 ITR-3 ITR-4 ITR-4S
(SUGAM)
1 Income from Salary/Pension • • • •  
2 Income from Other Sources (only Interest Income or Family Pension) • • • •  
3 Income/Loss from Other Sources   • • •  
4 Income/Loss from House Property   • • •  
5 Capital Gains/Loss on sale of investments/property   • • •  
6 Partner in a Partnership Firm     • •  
7 Income from Proprietary Business/Profession       •  
8 Income from Presumptive Business         •

Accordingly your will have to file ITR-4

Or ITR-4S Provides the Column for Income From house property 4S can also be filed.

 

Preferbaly ITR 4S is easier

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