Poonawalla fincorps
Poonawalla fincorps

ITR 4 TO ITR 4 SUGAM

This query is : Resolved 
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(Querist)
09 July 2011 One of my relative have welding labour work individual business, filling every year ITR-4, profit more than 8%, CAN HE CHANGE FORM ITR-4 TO SUGAM ?
Please guide
-Hasmukh Patel
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Ravikant

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Ravikant (Expert)
09 July 2011 He can opt for 44AD and file ITR 4S
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
09 July 2011 He can file his return in ITR 4S by showing profit @8% or more of the Gross receipts.
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