24 October 2012
Dear Sir, An assessee whose non agriculture income is only 27000/- u/s 44AD and his agriculture income is Rs. 150000/- then he shuold file ITR 4 or ITR 4S.
24 October 2012
Those who have agricultural income they should be file ITR-4 eventhough their income is liable for Section 44AD because of in ITR-4s their is no schedule or columns for exempted incomes or agricultural income. Because of the agricultural income he should file ITR-4. Eventhough he filing ITR-4 no need to maintain the books and no need to fill balancesheet and P&L and also he has to offer his income according to the section 44AD(because of section 44AD income option and column also available in ITR-4).
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