Itr3 or itr4
Jyoti Narang (Kkk) (1204 Points)
12 August 2020
if a person having TDS deducted u/s 194C then what itr form to be filled. can he opt for 44ad presumptive taxation.
18 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 August 2020
As per Your query Yes...
But, give more details for understanding the income source...
But, give more details for understanding the income source...
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 12 August 2020
Yes, Can opt for 44AD presumptive Taxation subject to turnover limit and fulfillment of other conditions prescribed u/s 44AD of Income tax Act.
Jyoti Narang
(Kkk)
(1204 Points)
Replied 12 August 2020
His gross receipt are 1900000 approx and tax is deducted Under 194c so as per conditions of 44ad he can file itr4
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 12 August 2020
Source of income.?
What is his/her business/Services provided..?
What is his/her business/Services provided..?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 August 2020
Insurance income can't be compute under sec 44AD....
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 August 2020
No...
only can be file through 44AA with normal provisions.
only can be file through 44AA with normal provisions.
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 12 August 2020
@ Mr. Raja ji
Sir, insurance income..TDS u/s 194C..
is it possible?
Sir, insurance income..TDS u/s 194C..
is it possible?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 August 2020
May be Deductor can be wrong...
Jyoti Narang
(Kkk)
(1204 Points)
Replied 12 August 2020
Payer is Tata Aug and tds deducted us 194c but it's for work contract as they give advertisement work to individuals and deduct tax under 194c
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 12 August 2020
@ Mr Jyoti Narang.,
Don't be confuse and also confused to me/all...
ask Your question clearly...😓
Don't be confuse and also confused to me/all...
ask Your question clearly...😓
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