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Which ITR

11 May 2017

hi....if auto rickshaw person wants to file their income tax return than under which income head or which ITR can we use???

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9 Replies

RAMA KRISHNAN (247 Points)
Replied 11 May 2017

if auto rickshaw is owned by him then he can declare under the head pgbf u/s. 44AE (itr 4) Or else itr 1

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NITINBHAI PATEL (B.Com) (192 Points)
Replied 11 May 2017

but under 44ae is for only goods vehical???

NITINBHAI PATEL (B.Com) (192 Points)
Replied 11 May 2017

and Itr 1 - how?

neeraj gupta (1138 Points)
Replied 11 May 2017

In my opinion ITR3 if he wants to show income less than 8% of turnover assuming most of the proceeds would have collected using cash. other wise 44AD and ITR4.

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RAMA KRISHNAN (247 Points)
Replied 11 May 2017

44AE IS ALLOWED FOR PLYING AND HIRING TOO...AND PROBABLY ITR 1 WON'T APPLY..THANKS FOR THE CLARIFICATION NITIN SIR

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RAMA KRISHNAN (247 Points)
Replied 11 May 2017

44AE WON'T APPLY... THANKS FOR THE CLARIFICATION NITIN sir

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(Guest)

Originally posted by : NITINBHAI PATEL
	hi....if auto rickshaw person wants to file their income tax return than under which income head or which ITR can we use???

If he owns the rickshaw then it is business income; ITR-3 or 4S would be filed. It's better to show it under section 44AD to avoid maintaining detailed accounts. If he runs someone’s rickshaw and receives salary then it is salary income; ITR-1 would be filed.

About section 44AE, it is applicable only for goods carriages not for passenger rickshaw.

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