Income tax return
This query is : Resolved
26 October 2018
A person owns two school bus. Monthly income is 35000. Which ITR Form he need to file ?
27 October 2018
You can opt for 44AD by declaring 8% profit on gross receipts and file ITR 4.
27 October 2018
Ok. Thank you sir. Though I had a confusion between 44AD and 44AE. Now it's clear. Thanks.
27 October 2018
Welcome, 44AE applicable only for trucks.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax implications of gift to maternal uncle
- Filing d ITR by registered legal heir
- Closure of a PVT LTD company
- ROC filings for the first year of incorporation
- Real estate business by a partnership firm where both of the partners are SC/ST
- 26QB correction - no data available error for fully consumed/processed with default
- Short term capital gain Section 87A
- TDS on Purchase of Immovable Property in case of Co Owner
- When I Login E-invoice portal with waybill user id and pw, it is showing 3011 error data
- TDS applicability_turnover
- Unable to convert User role from Registered user to Business user on MCA V3 portal
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Need to send letter to GST dept. For claimed missed ITC
- PRINTING PRESS UNDER COMPOSITION SCHEME
- 140-A TAX WRONGLY PAID PAN NO
- CSR funding for private limited companies
- SAC codes for Chartered Accountant
- Professional tax deduction monthly
- Cross charges verses Isd methof
- Refund Application in RFD 01 for Export without payment of tax
CAclubindia
