NIL INCOME TAX RETURN

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GANESH DHUMAL (Querist)
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01 June 2020 Dear Experts

One of my client having income from business & they have filed Income Tax return FORM 4 under COMPUTATION OF PRESUMPTIVE INCOME FROM PROFESSIONS UNDER SECTION 44AD but last FY 2018-2019 is business income as well all income is NIL.

and same was filing NIL income tax return while using ITR4 as a NIL return, but department was issuing 139(9) notice for defective return.

so please advice which form to be use if business income or other income are NIL.

Please advice

Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 June 2020 File ITR 1 ..................

c.bakshi

c.bakshi (Expert)
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02 June 2020 for income under profession you have to file return u/s 44ada and not under 44AD.

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