20 April 2013
there is a auto rickshaw driver having 2 auto rishaws. it is the only source of his income. he want to show his income below exemption limit. What points should i consider to File his ITR. Under which head of income i should file it.? What documents I should take..? plz help..nd explain it to me...
21 April 2013
file itr 4S show the return u/s 44AD in that you have to show the total receipts and the income on that. remember the income should not be below 8% of receipts though it can be more. eg if is receipts 500000 you can show any income exeeding 40000. (5% of receipts) no documents required except the information to be filed in 4S. don't forget to check is bank account for the receipts. if still confusion email : cavikasacharya@gmail.com fb: viki_achayra@yahoo.com