Mr A is owning an auto-rikshaw and he himself drives the same. This is his the only sourse of Income. He want to file Income Tax return, please let me know what will be the requirement of documents in his case.
4 Replies
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 26 November 2015
Does he maintains any expense log book and liabilities? Whats the total income like?
S. Shiroor
(Others)
(1207 Points)
Replied 26 November 2015
If his turn over is Rs 4600 per day and he is driving 365 days in a year than his approx net income is above 2.5 Lakhs. Considering he is using some kind of fuel.and idle ride is normal.
CA Raj Doshi
(Practising CA)
(8939 Points)
Replied 26 November 2015
Make a JUDGEMENT of income expenditure and you will be able to file the return.
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