Itr 4s
This query is : Resolved
25 March 2017
when iam going to file civil contractors itr-4s iam showing only grossturnover/ gross receipts
COMPUTATION OF PRESUMPTIVE INCOME UNDER 44AD
E1 :GROSS TURNOVER OR GROSS RECEIPTS ............................................................................. Rs. 2895879
E2 :PRESUMPTIVE INCOME UNDER SECTION 44AD (>= 8% OF E1)............................................ Rs. 231670
after entering the data iam going to generate the file in xml it is not generating and showing the message like this Note : If Income is less than 8% of Gross Receipts , it is mandatory to have a tax audit under 44AB and regular ITR4 form has to be filled and not this form.
please suggest me how can i file the itr 4s form.
COMPUTATION OF PRESUMPTIVE INCOME UNDER 44AD
E1 :GROSS TURNOVER OR GROSS RECEIPTS ............................................................................. Rs. 2895879
E2 :PRESUMPTIVE INCOME UNDER SECTION 44AD (>= 8% OF E1)............................................ Rs. 231670
after entering the data iam going to generate the file in xml it is not generating and showing the message like this Note : If Income is less than 8% of Gross Receipts , it is mandatory to have a tax audit under 44AB and regular ITR4 form has to be filled and not this form.
please suggest me how can i file the itr 4s form.
25 March 2017
Correct the presumptive income as 231671.
25 March 2017
Agree with sir, moreover basic limit is 2.5 + 2K for you so don't be so exact 8%. 0.32 you have less written so increase as said by ram sir,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
