which itr ?

1565 views 9 replies

i am a ration shop dealer. i use to deposit  some lumpsum amt with govt for getting ration. it is a govt contract for 1 year.

the ration i use to get is at very low cost as govt declares from timr to time.

at the same time i will sell them to particular kind of people who holds ration cards at a price as govt declares.

NOW THE PROBLEM IS

                     " WHICH  ITR FORM SHOUD I FILL FOR SUBMITING MY RETURNS"?

PLEASE HELPM ME

Replies (9)

From the given situation, I think that you have to file ITR-4 which is required to be filed by "Persons having Income from Business or Profession".

You are running Ration Shop which is your business & hence you file ITR-4.

( Note - If any EXPERT has different opinion, let ME also know whether I am right or wrong ? )

Mr. Yogesh is right

I am of the opinion that return is required to file in ITR 4

Yes It is ITR -4

Yogesh Shah is right. Since you are engaged in business therefore you have to file Return in ITR 4

ITR 4

Yes, Mr. anand k you should go for filing ITR-4.

My opinion is that a ration dealer should file the return ITR4 u/s44AD. 

My opinion is that a ration dealer should file the return ITR4 u/s44AD. 

 

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