Return selection for truck transporter

ITR 514 views 1 replies

 

hello,

i want to file return for a truck transporter, with annual receipt for Rs. 900000/- and 118000 Net Profit, which return should i select? can i file it u/s 44ad Or ITR IV? Please guide me..


Replies (1)

As you are declaring a income of 13.11% which is above 8% minimum required so its better to file u/s 44AD and submit ITR-4S


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