Income tax ret.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 March 2014 ONE OF MY CLIENTS NAME IS ABC.
HER BUSINESS OF TRANSPORTATION BUSINESS INCOME. NOW A.Y.2010-11. FILLED RETURN IN ITR-4. & A.Y.2011-12 NOT FILLED .

NOW. SHE WANT TO FILL RETURN A.Y.2012-13 & A.Y.2013-14. SO, PL. ADVICE ME RETURN IS FILLED UNDER ITR-4 OR 4S (U/S. 44AE)..
IF PREVIOUS RETURN FILLED IN FORM ITR-4.AY2010-11. NOW WE FILLED IN AY.2012-13 & AY 2013-14.IN ITR -4 OR ITR-4S U/S.44AE.
PL. ADVICE..

IF FILLED IN U/S.44AE- PARTICULSRS FILLUP IN NO BOOKS AND 44AE-ABOVE 8% ..
PL.ADVICE

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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19 March 2014 She will be an eligible assessee u/s 44AE if the number of vehicles owned by her at any time during the previous year do NOT exceed 10.

You can avail benefit of Section 44AE and file return in ITR 4S.