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(Querist)
30 July 2017 My friend having income from contracts(194c) rs 2365000& income from insurance company (194D) rs 23456.. May I use ITR_4 As presumptive basis on this income for FY 2016_17?? or which return is suitable for this income??
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Amol S Joglekar

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Amol S Joglekar (Expert)
30 July 2017 yes, you can use ITR 4.(Show insurance income as income from other sources
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amarender

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amarender (Querist)
31 July 2017 No problem arise USING PRESUMPTIVE BASIS
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