hi....if auto rickshaw person wants to file their income tax return than under which income head or which ITR can we use???
hi....if auto rickshaw person wants to file their income tax return than under which income head or which ITR can we use???
| Originally posted by : NITINBHAI PATEL | ||
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hi....if auto rickshaw person wants to file their income tax return than under which income head or which ITR can we use??? |  |
If he owns the rickshaw then it is business income; ITR-3 or 4S would be filed. It's better to show it under section 44AD to avoid maintaining detailed accounts. If he runs someone’s rickshaw and receives salary then it is salary income; ITR-1 would be filed.
About section 44AE, it is applicable only for goods carriages not for passenger rickshaw.
if autorikshaw he owns then ITR 4S FOR A.Y. 2016-17 And ITR 4 FOR A.Y. 2017-18
Otherwise also same
as you cant show u/s 192 salaries
Gupta Sachdeva & Co. Chartered Accountants
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