Agricultural income

rahul (accountant) (87 Points)

04 August 2012  

 

Dear Sir,

               Please Tell me whether i correctly file return of my relative return for AY 2011-12 &  2012-13 in ITR 4

 

For AY 2011-12

Non Agri. Income :           75,852  ( from truck business TDS deducted Rs 758.52)

other sources                   31,512

Agri income          :           1,60,000

Total                                   2,67,364

Less   80C                        1,00,000

Taxable income                1,67,364

 

TAX    paid 768

 

For AY 2012-13

Non Agri. Income :          1,03,707  ( from truck business TDS deducted Rs 1037.07)

other sources                   25361

Agri income          :           1,61,000

Total                                   2,90,068

Less   80C                        1,00,000

Taxable income                1,90,068

 

TAX    paid 1037

my other question is that there is no need of aggrigation of agri. income bacause other non agri.  income doesnot exceed minimum amount chargeable to tax and i file the correct itr -4.