Query regarding income tax return form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 August 2013 Madam/Sir,
One of my client has a professional income. His turnover for A.Y.2012-13 was above 15 lac.So, I had to file his ITR in ITR form 4S because he was under Tax Audit.
This time i.e. for A.Y. 2013-14 he is not under Tax Audit.My question regarding this issue:-
Can I file my Client ITR for A.Y.2013-14 in ITR form 4S inspite of knowing the fact that he is not under tax audit ?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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29 August 2013 1. ITR 4S is filed where income of the assessee is taxable on presumptive basis,i.e., u/s 44AD or 44AE.

2. 44AD clearly provides that this section is NOT applicable to income from profession.

3. Accordingly ALL assessees deriving income from profession CANNOT avail benefit of Section 44AD. They have to file return in ITR 4 only.