Income tax return
This query is : Resolved
22 December 2017
My source of income is from my business and from house property income, Can i file return under section 44AD , as i have house in which two floor which is let out by me to two different tenant.
when i trying to file ITR 4 for AY 2017-18 it is shown that you can not file ITR 4 if you have more than two house which is let out.
Now my query is whether in this case as i have only one house property in which 2 floor is let out by me whether i can file ITR 4 or I need to file ITR 3.
when i trying to file ITR 4 for AY 2017-18 it is shown that you can not file ITR 4 if you have more than two house which is let out.
Now my query is whether in this case as i have only one house property in which 2 floor is let out by me whether i can file ITR 4 or I need to file ITR 3.
22 December 2017
If each floor has separate door number and separate tenants, better choose
form ITR-3.
form ITR-3.
22 December 2017
Sir if i Choose ITR 3 than i have to file full balance sheet detail and my profit is more than 8%
22 December 2017
No. In form ITR-3, under audit information ,tick NO for clause (a) and (b), then fill
44AD profit in Schedule BP clause (4) and so on.
44AD profit in Schedule BP clause (4) and so on.
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