Quite from ITR-4 to ITR-1

This query is : Resolved

Nisha Kathuria (Querist)
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01 May 2023 Sir,

Can We quite ITR-4 to ITR-1 because no business income. income only from Salary. in FY 2020-21 Filed ITR-1 income from Salary+Other in interest from FDR+ tuition fees In FY 2021-22 Filed ITR-4 income from Boutique + Other in interest from FDR+ tuition fees So please guide to us Can we face any problem in future from IT department.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 May 2023 If you do not have any income from head PGBP and also if you have closed the business activity permanently; you can stop filling ITR 4. In case of any query you can reply about the closure of business activity.

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Nisha Kathuria

Nisha Kathuria (Querist)
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01 May 2023 Thank you Very much Sir,

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 May 2023 You are welcome.

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