27 July 2013
Dear Sir, There is an assessee who works in merchant navy and they are deducting 10% on his payment u/s 194J. His total payment in fy 2012-12 is Rs. 202000/- and besides this he has no other sources of income. Deductor has issued him form 16A for all four quarters.
In this case assessee is not claiming any kind of expences and he will show the whole payment as his income.
While filing itr4, whether the option of no account case can be opted, as assessee is not claiming any kind of expences and he has work with a single concern.
28 July 2013
as per 44AA it is mandatory for maintaining books of accounts. but in small cases department do consider non maintenance hence you can opt for the same. further since you are showing entire receipt as income there are no books to be maintained. hence you can opt for it.
CAclubindia
