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17 November 2016 whether assessee having stitching income can file itr 4s

17 November 2016 Yes, you can book as job work charges and file itr4S

17 November 2016 yes, you can file the ITR 4S. (under 44AD)


17 November 2016 thankyou sir but may i know this stitching income will go under sale of goods or sale of services or under other income in itr

17 November 2016 thankyou sir, but if in case if i file itr 4

17 November 2016 then it will go under sale of goods or sale of services or under other income while filing itr

17 November 2016 If you do only stiching or jobwork, than it is income from service. You can file itr4 you have to fill profit and loss account and balance sheet.

17 November 2016 ok sir thankyou


18 November 2016 if stitching income is say Rs 2.9 lakhs filing itr-4 and showing the same in gross receipts under books of accounts not maintained cases and showing cash on hand balance as on 31 st march is there any penality leviable for not complying with 44AA of income tax act,1961



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