banner_ad

ITR Forms to be Selected for AY 2020-21

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 October 2020 Hi,
I have a query regarding which ITR form to be choosen for filing IT returns for the AY 2020-21. For the AY 2019-20, i have declared my income under ITR 3 and i have filled a balance sheet and profit and loss account, but the books of accounts are not maintained. So AY 2020-21 can i file my returns under ITR 4 presumptive basis by declaring 50% of my turnover. However my last year ITR has been processed, now if i file the return under ITR 4 is there any chances of getting notices from the Assessing officer. Please help me in solving this issues.
Iam a practising doctor and i have my own clinic
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
04 October 2020 Yes you can file ITR 4 for AY 1920-21 with 50% profit on turnover.
No notice will be issued.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details