cpc

about income tax return form


Lic agent whose amount is refundble which I.T.R will fill up and a business man who has no account which i.t.r ( i.t.r 4 or i.t.r. 4(s) ) will fil up.

 
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Advocate

ITR 4 is the appropriate form

 
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advocate & tax consultant

If there is refund for businessman the bank account is compulsary & return form is ITR IV.

 
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If  Gross turnover is less than 60 Lacs, and Net Profit is more than 8% uses ITR 4S instead of ITR4

 
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TAXPOINT (Director) 9829551008

if not maintain books of accounts and gross receipt is less than 60 lac then ITR 4S should be fill. O/w section 44AB vl b applicable and audit must be required.

 
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ITR IV is right form
 
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if a business man not maintain accounts , his shows profit 10% of sale, I want to know that should he fill up i.t.r form no 4 (s) under section 44 AD.

 
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if his turnover is under 60 lac then he can fill ITR-4S

 
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