Neethi V. Kannanth
Quick Summary
Form ITR 4 Who is eligible to use this Return Form? This Return Form is to be used by an individual or HUF, who is resident other than not ordinarily resident, or a Firm (other than LLP) which is a resident, whose total income for the assessment year 2020‐21 does not exceed Rs.50 lakh and who has income under the following heads:‐ (a) Income from business where such income is computed on presumptive basis under Section 44AD (i.e. Gross Turnover upto Rs. 2 crore) or Section 44AE (income
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