ITR 4

Krishna (Assistant) (670 Points)

15 June 2018

If the turnover is Rs. 1.10 cr & profit as per *books of account* is 9% .. can he file itr 4 under presumptive scheme ???

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (180286 Points)
Replied 15 June 2018

Nature of business?

If eligible business under sec, 44AD...... run by eligible assessee....... then yes.....

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Krishna (Assistant) (670 Points)
Replied 15 June 2018

yes eligible business- retailer
yes eligible assessee -individual

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (180286 Points)
Replied 15 June 2018

Yes....... Eligible for ITR 4 .....

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