Itr-4/4s

This query is : Resolved 

18 June 2016 I am salaried employee and

have small business with the service of web designing, Data entry work.

I also selling ebook.( digital goods).

I am getting commission from Flipkart and Amazon as a affiliate.

My concern is that which ITR-4 or ITR-4S is better to fill ITR in 2016-17 assessment year.

18 June 2016 You will have to file ITR-4 only and can not use ITR-4S.
You are not eligible to file ITR-4S because you derive Income from a profession as referred to in sub-section (1) of section 44A.


S.44AA. (1) Every person carrying on legal, medical, engineering or architectural profession or the profession of accountancy or technical consultancy or interior decoration or any other profession as is notified by the Board in the Official Gazette shall keep and maintain such books of account and other documents as may enable the Assessing Officer to compute his total income in accordance with the provisions of this Act.
[Information Technology has been notified by the CBDT for the purpose of S.44AA(1)



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries