Itr 3 ot itr 4 (sugam)
This query is : Resolved
25 April 2017
Dear Sir,
An Assessee who is in Profession and showing net income Rs. 35.00 Lacs and net profit after deducting all expenses is 60%. So he has the option to file ITR 4 (Sugam) but if he wants to file ITR 3 can he file that Return for A.Y. 2017-18 because he maintains books of accounts.
Thanks,
Abhishek.
An Assessee who is in Profession and showing net income Rs. 35.00 Lacs and net profit after deducting all expenses is 60%. So he has the option to file ITR 4 (Sugam) but if he wants to file ITR 3 can he file that Return for A.Y. 2017-18 because he maintains books of accounts.
Thanks,
Abhishek.
25 April 2017
ITR 3 can be filled by parter in partnership firm and not for PGBP, So kindly file ITR4
23 October 2021
If he is maintaining books of accounts, and wants to declare it under ITR 3, then yes, he can file that.
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