ITR-4- U/s.44AD- Financial Particulars of Business

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This discussion clarifies whether filling the 'Financial Particulars of Business' section in ITR-4 under Section 44AD is mandatory. While generally not required, specific items like sundry debtors, inventories, and cash in hand are mandatory if they exist; otherwise, they should be reported as '0' (except cash).

T.N.Reddy

T.N.Reddy (Querist)

13 August 2025 Sir, When the ROI is filed U/s.44AD, in ITR-4, whether filling up of Financial Particulars of Business is mandatroy or optional?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

13 August 2025 Not mandatory. Only nature of business activities are required.

T.N.Reddy

T.N.Reddy (Querist)

15 August 2025 But sir, on verification of ITR-4- Excell utilities ie."FINANCIAL PARTICULARS OF THE BUSINESS " which starts vide Row no.E11 to E25, there is note which goes as " NOTE: Please refer to instructions for filling out this schedule (E15, E19, E20, E22 are mandatory and others if available), ie. Sundry Debtors, Inventories, sundry debtors and cash in hand are mandatory. So, your opinion on this

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

15 August 2025 Yes. these particulars required, if you have fill them, otherwise fill '0" except cash.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

23 September 2025 Good luck....

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