Agriculture income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 October 2012 Dear Sir,
An assessee whose non agriculture income is only 27000/- u/s 44AD and his agriculture income is Rs. 150000/- then he shuold file ITR 4 or ITR 4S.

Please advise me.

Anand Modi

Anand Modi (Expert)
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24 October 2012 Please reply that the income which is non agricultural is which income.

In my opinion you can file any one.

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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24 October 2012 Those who have agricultural income they should be file ITR-4 eventhough their income is liable for Section 44AD because of in ITR-4s their is no schedule or columns for exempted incomes or agricultural income. Because of the agricultural income he should file ITR-4. Eventhough he filing ITR-4 no need to maintain the books and no need to fill balancesheet and P&L and also he has to offer his income according to the section 44AD(because of section 44AD income option and column also available in ITR-4).

So has to fill ITR-4 only for your case.

OM SAI SRI SAI JAI JAI SAI

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