WHICH ITR IS FILIED IN THIS CASE

This query is : Resolved

rajesh (Querist)
Follow

29 May 2009 SIR,

1.AN INDIVIDUAL ASSESSEE HAS RECEIVED RS. 1,60,000 L.I.C. COMMISSION DURING THE F.Y. 2008-09. AFTER DEDUCTING HIS SAVINGS US 80C HIS TOTAL INCOME BELOW THE THRESH HOLD LIMIT IN THIS CASE MY DOUBTS IS
1. WHICH ITR FORM IS FILING TO HIS
2. HE IS LIABLE FOR BOOKS PREPARATION DURING THE F.Y. 2008-09

2. BOOKS OF ACCOUNTS IS MAINTAINED IS MANDATORY IN INDIVIDUAL CASES HOW MUCH.PLEASE TELL , THANKS IN ADVANCE

Vipul J. Bhavsar

Vipul J. Bhavsar (Expert)
Follow

29 May 2009 The assessee will have to fill ITR-4.

Vipul J. Bhavsar

Vipul J. Bhavsar (Expert)
Follow

29 May 2009 The assessee will have to fill ITR-4.

Upgrade to CAclubindia Pro. Subscribe Now!

CA Swapnila Maheshwari

CA Swapnila Maheshwari (Expert)
Follow

29 May 2009 ITR 4

Deepak Goel

Deepak Goel (Expert)
Follow

29 May 2009 The assessee will have to fill ITR-4 and he is not required to maintain books of account in this case

CA Nitin Wadhwani

CA Nitin Wadhwani (Expert)
Follow

29 May 2009 He will have to maintain books of account if his income exceeded 1,20,000/- or gross receipts exceeded 10,00,000/- in any of three previous preceeding the current previous year u/s 44AA.