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ITR form

13 July 2018

income under section 44AD 286000 and
income from other sources (rental of hydro crane) 50000
witch ITR form apply in online portal of income tax plz suggest me

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8 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 13 July 2018

As per Your query You can file ITR 4 presumptive taxation scheme...

But, Check out Your eligible for presumptive scheme.

1 Like

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Likhma Ram (16 Points)
Replied 13 July 2018

sir as par 44AD incone ITR 4 is right but yadi 44 AD ke sath other sources income ITR 4 me dalne se invalid to nai hoga

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 13 July 2018

Please ask with English... I don't know Hindi ya...

Vinod Babu (24191 Points)
Replied 13 July 2018

The query is " whether the ITR 4 returns becomes invalid when we show other source income with 44AD income"?

Likhma Ram (16 Points)
Replied 14 July 2018

Query is " whether the ITR 4 returns becomes invalid when we show other source income with 44AD income"?

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rama krishnan (12239 Points)
Replied 14 July 2018

no... it won't become invalid... you can file ITR 4

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 14 July 2018

No... It's not become invalid. You can show income from other sources amount. But, The IFOS amount can't compute as 8 percent.

Sandeep Battagiri (STUDENT) (29 Points)
Replied 15 July 2018

ITR-4 is to be filed, if the assessee opts for 44AD. ITR-4 will not become ineligible/invalidate just by having Income from Other Sources. So, you can go with ITR-4.