Partnership firm and itr 4


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Querist : Anonymous

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Querist : Anonymous (Querist)
07 September 2018 Can a partnership firm file his Income tax Return using ITR 4 for AY 2018-19 (U/S.44AD) ?

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Expert : Anonymous

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Expert : Anonymous (Expert)
07 September 2018 Yes... If eligible business.

07 September 2018 No, partnership firm has to file ITR 5 only.

08 September 2018 Respected Mr CA SEETHARAMAN Sir.,

Why not ITR 4 not applicable to partnership firm...?

Presumptive Taxation scheme with ITR 4 u/s 44ad also applicable to partnership firm....
Then Why Sir...?

12 September 2018 The ITR-4 Form is applicable for individuals or HUFs only not for firm.

12 September 2018 Sir.,
Please confirm with details and any case law...

Also pleas reply based on this instructions by ITD

https://www.incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/Instructions_ITR_4_AY_2018-19.pdf

12 September 2018 Agreed with you, you are right firm can use ITR 4.


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