Driver income
This query is : Resolved
16 March 2015
One of client is taxi driver, he wants to file return for the F.y 2013-14, which form should be applicable and can i file quick return file after login (only ITR-1 & ITR 4S is available).
Thanks
Thanks
16 March 2015
ITR 4S will be applicable in this case.
As ITR 1 is applicable to salaried assessee only.
As ITR 1 is applicable to salaried assessee only.
24 March 2015
Is he has to show 8% profit of Gross receipts, and what will be the tax rate, if there is tax payable, if possible please provide me an illustration It will be great help for me(Taxi driver income)
Thanks
Thanks
24 March 2015
He can claim 8% or at higher percentage as profit / income on gross receipts. Income tax will be as per slab rates.
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