ITR 4S

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Ankit Rikhi (Querist)
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22 December 2016 please tell me..if the assessee filed a return under section 44ad for nil tax payable..now what I should write income & other sources?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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22 December 2016 You have to declare minimum 8% income on gross turnover. If it comes tax bracket than no tax liability.

Ankit Rikhi

Ankit Rikhi (Querist)
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22 December 2016 gross turnover or gross receipts?

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Ankit Rikhi

Ankit Rikhi (Querist)
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22 December 2016 nil tax filed a return under ITR4s

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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24 December 2016 It has to be gross turnover and no other information is required.

Ankit Rikhi

Ankit Rikhi (Querist)
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25 December 2016 the assessee is a tailor & gross turnover 190000 and same I'll show the same amount business income. it is correct to file itr4s

Ankit Rikhi

Ankit Rikhi (Querist)
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25 December 2016 cash in hand 9000

Ankit Rikhi

Ankit Rikhi (Querist)
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25 December 2016 also then bank a/c shows

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KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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25 December 2016 Yes you have to declare min 8% gross turnover , if you want to declare 190000/- declare the same.

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ITR 4S

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