26 July 2017
Assesses who are carrying out business or profession and having gross receipts/turnover is less than Rs 1 crore, than ITR-4S is applicable (under presumptive income as per section 44AD & 44AE of the Income Tax Act). If assessee have turnover/gross receipts of more than Rs. 1 crore than he will have to file ITR-4.
26 July 2017
(And accountant file ITR 4 every time.)
Previous AY's are Upto 2016-17 ITR 4 is file your accountant.
Now, It's changed ITR 4 to ITR 3....
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