ITR FORM AND SECTION RELATED


This query is : Resolved 

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This discussion addresses whether a client can file their Income Tax Return under Section 44AD using the ITR-4 form. The client purchased property for Rs. 1 crore in FY 2024-25, has no property sales, and a business turnover of Rs. 1 crore 85 lakh. The consensus is that filing under Section 44AD is possible provided the business meets the eligibility criteria outlined in the section.

04 July 2025 A client has purchased property for Rs. 1 crore only during financial year 2024-25 and not sold any property and his business turnover is Rs. 1 crore 85 lakh. Can we file IT return under SEC 44AD in ITR-4 FORM?

04 July 2025 Yes, if the business is eligible as per sec. 44AD IT act.

26 September 2025 Good luck...


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