ITR-3 Presumpative income
This query is : Resolved
20 November 2023
Sir,
Previous FY 2020-21, 2021-22, Turnover Rs.2500000/- NP 4750000/- Proper books of account maintained. But File ITR-4 under presumptive income. FY 2022-23 i cant file ITR-4 because income from Agriculture so ITR-3 is eligible in case. so while filling ITR-3 i need to show income Section 44AD presumptive income OR show income under NO account case. (2) in FY 2022-23 proper books of accounts mainted. We need to mention yes OR NO (are you eligible to Maintained books of accounts as under Section 44AA )
Previous FY 2020-21, 2021-22, Turnover Rs.2500000/- NP 4750000/- Proper books of account maintained. But File ITR-4 under presumptive income. FY 2022-23 i cant file ITR-4 because income from Agriculture so ITR-3 is eligible in case. so while filling ITR-3 i need to show income Section 44AD presumptive income OR show income under NO account case. (2) in FY 2022-23 proper books of accounts mainted. We need to mention yes OR NO (are you eligible to Maintained books of accounts as under Section 44AA )
19 January 2024
https://www.klaggarwal.com/direct-tax/44aa44ab44ad44ada/#:~:text=Similarly%2C%20as%20discussed%20in%20Section,income%20exceeds%20basic%20threshold%20limit.
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