Itr for work contracter

This query is : Resolved

raju pandey (Querist)
Follow

22 December 2014 Dear Sir
I am a work contractor of worker. During the year my total contract is rs 9,12,500 and TDS deducted is Rs.9,125 .Which ITR is i filled ITR 4 Or ITR 4S. in fy 2014-15 my contract will goes around Rs 15,00,000. shall service tax registration is compalsary for me?how will i get it? please help me

Ketan Shah

Ketan Shah (Expert)
Follow

23 December 2014 You can file ITR 4 and 4S whichever you want. For filing ITR 4 books of accounts should be maintained and for filing 4S minimum 8% profit should be declared. As far as service tax is concerned you are liable to get registered for service tax within 30 days from the date when the gross receipts of business crosses 9 lakh Rs.