ITR-3 Under Presutive income


This query is : Resolved 

Quick Summary
This discussion addresses a query about filing ITR-3 when you have capital gains income alongside business income previously filed under ITR-4. The user is unsure whether to indicate liability for maintaining books of accounts under section 44AA when filing under section 44AD. The advice given is to select 'No' in this specific scenario.

(Querist)
24 November 2023 Sir

I am regular Filed ITR-4 income from business even proper books of accounts mainted. But in fY 2022-23 i have income from capital gain so while filling ITR-3 under section 44AD i have to select YES OR no. ( are you liable to maintain books of account under section 44AA)

Please advise

25 November 2023 Select No as you are filing ITR under section 44AD.

Vaneet Monga (Querist)
29 November 2023 Thank you very much Sir,

29 November 2023 You are welcome...
...


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