29 July 2013
An Assessee is a labour Contaractor in a Company. he was being paid a commission after deducting TDS. He does not reaches to tax limit. Can he file ITR 4S to claim refund ?
01 August 2013
TDS is deducted u/s 194C, Assessee is Labour contractor, He does not maintain the book of accounts. His Total Receipt is less than 9lacks. can He File ITR 4S to claim refund ???
12 August 2013
Since TDS is deducted u/s 194C it is taxable as normal business income and accordingly assessee is ELIGIBLE to avail benefit of Section 44AD and can file return in Form ITR4S.