Easy Office
LCI Learning

Query for Tax Audit

This query is : Resolved 

10 June 2024 Hi,

In F.Y 2022-23 we had filled ITR 4 for salary and professional income but this Financial year I have some lost from Share market so this year we need to fill ITR 3.but my query is this year we transfer ITR 4 to ITR 3,so we need to tax audit or not.

10 June 2024 No tax audit mandatory, provided you declare your business income under presumptive scheme (only if u/s. 44AD IT act) even in ITR 3.

11 June 2024 Thank your sir for reply

11 June 2024 You are welcome.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link

Similar Resolved Queries


Unanswered Queries

Answer Query