New business codes

Page no : 3

Rishi (Others) (353 Points)
Replied 09 June 2018

sir, which itr should i use, there is nothing any diduction or 26as detail, itr 2 or itr 4?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 09 June 2018

Any registration with governmental agencies? If yes...... go for ITR 4

Otherwise ITR 2 can also be filed....

1 Like

Rishi (Others) (353 Points)
Replied 09 June 2018

R/ SIR, I DIDN'T CHECK 26AS BEFORE, ACTUALLY HE HAS 26AS INCOME 301985/- WITH TDS DEDUCTED 3020/- UNDER SECTION 194C.

NAME OF THE DEDUCTOR IS "XYZ GUPTA".. FROM SAMPOORNA FEED COMPANY.

CAN I FILE ITR2 OR ITR-4?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 09 June 2018

ITR 4

1 Like

Rishi (Others) (353 Points)
Replied 09 June 2018

thanks sir

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Rishi (Others) (353 Points)
Replied 09 June 2018

R/ SIR, I 'M TALKING ABOUT SAME PERSON WHOSE INCOME COMES UNDER 194C, IN HIS 26AS THERE IS TOTAL AMOUNT CREDIT IS 301985/- BUT WHEN I LOAD XML FILE IN JAVA ITR-4, THERE IS AMOUNT DIFFERENT I.E. 172299/- WITH TDS 1723/- . WHERE SHOULD I GO? 26AS OR PRE FILED LOADED XML?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 09 June 2018

That is the problem of data lagging between TRACES and ITD sites ......... Q4 data not fully transported to e-filling site, hence the difference.....

You go with form 26AS.....

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Rishi (Others) (353 Points)
Replied 09 June 2018

thanks sir

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Rishi (Others) (353 Points)
Replied 10 June 2018

R/ SIR, for above mentioned business (service to company to look after their chickens),

1) I noticed that in itr-4 there is only Agricultural and animal husbandry services CODE 1010, IS THIS CODE OK FOR SAID BUSINESS?

2) HE HAS 301985/- GROSS RECEIPT IN 26AS, CAN I GET 175000/- PROFIT?

3) IS IT UNDER 44AD?

4) should i make balace sheet for other financial particulars of business.E11 TO E24? OR not?

plz ans

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 10 June 2018

1. Yes, that is the only option left.....

2. Yes, & why not?

3. Yes... Eligible business

4. Fill at least E15,19,20 & E22; and others if you are sure about it.

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Rishi (Others) (353 Points)
Replied 10 June 2018

SIR, U R SO HELPFULL AND SO NICE, EVERY TIME U GIVE ME SOLUTION.

I LIKE UR WORK.

THANKS SO MUCH.

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177741 Points)
Replied 13 June 2018

I Thank God for his Love .... Care........ and for such Events......

2 Like

Rishi (Others) (353 Points)
Replied 13 June 2018

R/sir, Ready Made garments Retail shop with near about 25 to 30 % purchase bill, gross receipt about 10 lac, FOR THIS YEAR i.e ay 18 19 . in future all work will be under GST. plz suggest business code.