Itr3 or itr4s? presumptive tax for ca professional

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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.

Kunjan

Kunjan (Querist)
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30 August 2025 professional having receipts of 9.60 lakhs and net profit rs. 4.80 , which is exactly 50% margin.

which itr form has to go?

is 44ada required or not?

BOOKS ARE MAINTAINED PERFECTLY.

my view--> no need of 44ada noemL IRE3 WILL GO. AM I RIGHT?