About income tax return

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Rajan Gupta (Querist)
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23 August 2019 Dear Sir,
I have a trading business with 60 lakhs turnover in last year.Previously i was filled ITR form 4 (44AD),in Nov 2018 i have purchased a havy vehicle (14 Ton) but not registed under gst while my trading business registered under gst.During purchase of truck company deducted tcs @1%,now question is how can claim my tcs refund and could i file truck income u/s 44AE with Rs.15000/- per month and trading income shown in 44ad.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 August 2019 Claim TCS against tax payable in ITR.
You can file truck income u/s 44AE with Rs.15000/- per month(check weight in case of heavy goods vehicle) and trading income shown in 44ad.

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