26 January 2016
A SELF EMPLOYED PERSON EARN RS 270000 IN 2014-15 WITHOUT ANY INVESTMENT UNDER 80C.WOULD HE BE ABLE TO SUBMIT RETUN ITR-S WITHOUT PREPARING B/S OR P/L ACCOUNT ,ON LINE
26 January 2016
Yes,you can submit if you are not a person specified in Section 44AD(6). You can file ITR-4S in those cases, You can also use ITR-4 by filling details in no accounts maintained in sheet p&L no.51.
26 January 2016
SIr, In the above caseI he earns the income only from tution in the tune of Rs2,70,000 pa. 1.Is it necessary to file tax return as professional person 2.If yes,is it obligatory to attach balancesheet with itr-4s,If return is filed online
26 January 2016
1)you can file ITR4 also using no books of accounts maintained section in sheet p&L 2)not mandatory to fill financials can fill ITR4 using no books of accounts case, 3)i prefer to filing ITR-4 than ITR-4S in your case.