Income from carpenter work
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 February 2017
which itr should be file if income received from carpenter work?
07 February 2017
Yes, ITR must be filed if the Income exceeds taxable limit. As far as I think You should Pay tax by using section 44AD.So if you are doing business in Individual capacity, you need to Pay tax if Your Taxable Income exceeds INR 2.5 Lakhs for AY 2016-`17.I think ITR 4S should apply
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