21 July 2011
Yesterday I went to Income tax department to file my return in form ITR4S, but they refused to accpet ITR4S saying it is only for transporters.
I am engaged in publishing business. Please clarify if I can use ITR4S since I do not maintain accounts.
21 July 2011
If u r nt maintaining books of a/c then u cn use ITR 4 and there is relevant column given in ITR 4 for case where books of a/c not maintained.
21 July 2011
Thanks for your help Mayur Ji. I have successfully filed the return online. But I am surprised that Income tax dept. and some practising CAs in my city did not know that Section 44AD is now applicable for all businesses. They were taking 44AD for transport business only.