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Itr applicable for contractor

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(Querist)
13 June 2013 Can we file return of contractor u/s 44AD by showing 8% of total receipts in ITR Form 4S?


Thank you,
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 June 2013 Yes. for claiming section.44AD you can file the ITR-4S. but ensure the business nature of the contractor covered under sec.44AD
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Prashant Patil

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Prashant Patil (Querist)
15 June 2013 thank you sir
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