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.
If there is refund for businessman the bank account is compulsary & return form is ITR IV.
If Gross turnover is less than 60 Lacs, and Net Profit is more than 8% uses ITR 4S instead of ITR4
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.
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.