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......Hello Everyone I have started a very small …

......Hello Everyone I have started a very small business of Software development in 2016. Number o…

......Hello Everyone I have started a very small business of Software development in 2016. Number of headcounts in my business is 2 including myself. So I filed my income tax return form (ITR4s) for 16-17 Online. At the time of filling form ITR4S I had selected "Software development agencies (code 0711)" under Nature of Business section and filled my income details under "44AD" But after some days I got an email regarding defect in ITR filling. The defect mentioned in mail is... Error Description:- "As per Section 44AD(6) of the Income Tax Act, 1961, the provisions of Sec.44AD are not applicable to – (1) persons carrying on professions that are referred to in Sec.44AA(1), (2) persons earning income in the nature of commission or brokerage, and (3) persons carrying on any agency business.As seen from the return of income filed, the nature of business code mentioned is 00711 Software development agencies, which falls in the categories mentioned above. Hence, the provisions of Sec.44AD are not applicable, in your case." Probable resolution:- "As the provisions of Section 44AD are not applicable, in your case, the claim of computing profits and gains of business on presumptive basis, under this special provision is not allowable. Hence, the above defect has to be corrected by way of computing the profits and gains of business under the normal provisions and not under Sec.44AD and offering the same." As I understand Sec 44AD is not applicable for my business (Software development agency.) I reopened the form ITR4s and found that there are only two options for filling income details and that are 44AE and 44AD. My questions are:- 1) How can I fill my profit and gain details under the normal provisions as mentioned in resolution as there are only two available option in ITR4s (44AE and 44AD) 2) Have I filled the wrong form ? 3) If I filled wrong form can I filled correct form again ?