Suitable ITR for Income from Salary and Business
saju sathyadevan
(Querist) 10 March 2011
This query is : Resolved
Dear Sirs,
My client has an income under the head salary as well as income from plying heavy goods carriage vehicles (owner of two trucks). His TDS from salary as well as from business is reflected in 26AS. So in which ITR shall I file his return and secondly can I show his business u/s 44AE.
A V Vishal
(Expert) 10 March 2011
ITR 4 is the most suitable form
A V Vishal
(Expert) 10 March 2011
Yes his income can be declared under the presumptive S.44AE