This discussion addresses whether a chartered accountant with receipts of ₹9.60 lakhs and a net profit of ₹4.80 lakhs should file using ITR 3 or ITR 4, specifically concerning presumptive taxation under Section 44ADA. While the user believes ITR 3 is appropriate as books are maintained, the consensus suggests ITR 4 with a 44ADA declaration might also be an option, with no significant pros or cons identified between the two in this scenario.