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Income tax

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(Querist)
06 June 2017 person who have business income can choose ITR 3 and ITR 4.
and if assesse file ITR 4 previous year, can he file presumptive income this year ?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2017 Yes he can do so.
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Ashish Khillan

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Ashish Khillan (Querist)
06 June 2017 yes for both questions ?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2017 Any person having business income file both ITR3 & 4.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2017 If opt for 44AD then ITR-4 & in other case & books of accounts maintained Go for ITR-3.
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