ITR

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anita shukla (Querist)
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14 October 2017 Dear experts, If a doctor has salary income for part of the year and PGBP for part of the year then which ITR FORM should he choose for AY 2016-17. Is the ITR-4S is the right choice..... KINDLY REPLY SOON THANKS

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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14 October 2017 Since PGBP income ITR 3 or ITR 4 (If Presumptive opt)

anita shukla

anita shukla (Querist)
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14 October 2017 Presumptive.... Do you mean Sec 44AD

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Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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14 October 2017 Yes Presumptive means section 44AD

anita shukla

anita shukla (Querist)
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14 October 2017 But sec 44 AD is not applicable in case of medical profession

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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14 October 2017 You can opt for 44ADA for specified profession

RAJA P M

RAJA P M (Expert)
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14 October 2017 Sorry to Say....
AY 2016-17 - ITR 4 & ITR 4S (44ADA - PresumptiveTaxation...)

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Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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14 October 2017 Thanks Raja Sir for the correction. I had taken as FY 16-17 by mistake

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RAJA P M

RAJA P M (Expert)
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14 October 2017 You are welcome dear...

Also Be cool... It's common mistakes for busy schedule...

anita shukla

anita shukla (Querist)
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14 October 2017 I have filled ITR 4S BUT It has been declared as defective return by IT DEPARTMENT....

RAJA P M

RAJA P M (Expert)
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14 October 2017 Please explain your filing...!
What is the nature of reason for defective ...?

anita shukla

anita shukla (Querist)
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15 October 2017 As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3) persons carrying on any agency business.As seen from the return of income filed, the nature of business code mentioned is 00604 Medical professionals, which falls in the categories mentioned above. Hence, the provisions of Sec.44AD are not applicable, in your case.

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anita shukla

anita shukla (Querist)
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15 October 2017 That was the error description...

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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15 October 2017 In ITR 4S you cannot file the return of specified provision as medical is profession is a specified profession. Do you have to file ITR4

anita shukla

anita shukla (Querist)
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15 October 2017 That means we have to file ITR 4

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Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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15 October 2017 Yes you have to file ITR 4

RAJA P M

RAJA P M (Expert)
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15 October 2017 Yes you can file ITR 4.... Also you can file ITR 4s (ADA* as inserted by FA 16)

anita shukla

anita shukla (Querist)
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15 October 2017 Yes.... In AY 2017-18 We can file ITR 4S but in AY 2016-17 only ITR 4 is the option..

Ashiwini Ballodia

Ashiwini Ballodia (Expert)
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15 October 2017 Dear Raja Ji, As per Me ITR 4S cannot be filled because 44ADA has been inserted from FA 16 and it is applicable for AY 17-18 and onwards