Which return itr4 or itr4s suitable?

Probably u r not filling in the Gross receipts and Presumptive income amounts in the SEction 44AD  column of Sheet "Non BP"..

ITR 4 WILL BE SUITABLE IN YOUR CASE

Hi,

In case your turnover does not exceeds 1 crore, and income exceeds 8% of turnover- ITR 4S.

In case your turnover does not exceeds 1 crore, and income  does notexceeds 8% of turnover - ITR 4. Due date to file any of above return will be 5th august 2014.

In case turnover exceeds 1crore, tax audit mandatory. Due date to file return will be 30th Sept,2014.

For any further query PM or mail me.

A J H & CO

anubhavjain @ ajhco.in

9868729930 

ITR 4s has an important Plus. Advance Tax is not applicable.

dear anubhav

there is no such notification from income tax for the extention of due date..

if any so plz attach..

thanking you.

dear ninad avasare

press  OK to that notification on ITR 4S when you validiatate the return and this message just only remind about the presumptive basis return.

thanking you 

Hai friends,

I have one doubt in this ITR4S.. Suppose I want to file ITR and i having presumptive business income and also having Capital gain income . Which ITR i have to use??? ITR 4 or ITR 4S??

Suppose if i use ITR 4, there is no presumptive business coloumn to mention..And  if i use ITR 4S, there will not be the Capital gain coloumn to discloure??

Which ITR i have to use??

Thanks in Advance

Dear Ninad Avasare,

You can file ITR 4S  if not liable to audit as per limit discussed by ANUBHAV.

However if u want to file ITR4 you can do so.

If u r havin any problm filing it u can send or upload ur ITR excel and then i can try to sort out the errors. u can pm me for that

Dear Prabhaharan

Since in ur case u have both business income as well as Capital Gain you need to file ITR4.

And there is suitable column available in ITR 4 for filling in the presumptive income:

Under No.34 in Schedule BP u can fill in your presumptive income detail.