24 December 2011
Under Section 139 (1) of The Income Tax Act,1949.
Assesseee who does business must have to file return as per time specified in Income Tax Act,Furthermore ITR-4S can be filed by Businessman who have income from following list
Source of Income ITR-4s:-.................................................
Income from salary and pension Income from other sources (only interest income or family pension) Income / loss from other sources Income / loss from house property Capital gain / on sale of property / investment