Which itr??
This query is : Resolved
Sarath kumar.M
(Querist)
03 August 2017
Dear Sirs,
One of my client is having the following incomes
1. Salary from a company as Director
2. Loss from House property
3. Presumptive taxation u/s 44AD
4. Presumptive taxation u/s 44AE
5. Income from Partnership Firm.
I am using Winman Software. In my opinion ITR4 is the return for this assessee. but the software is saying since income from partnership firm is there I should file in ITR3. The problem with the ITR3 is that I have to fill in the Balance Sheet and Profit and Loss Account. None of the above income requires accounts to be prepared.
Please advice
One of my client is having the following incomes
1. Salary from a company as Director
2. Loss from House property
3. Presumptive taxation u/s 44AD
4. Presumptive taxation u/s 44AE
5. Income from Partnership Firm.
I am using Winman Software. In my opinion ITR4 is the return for this assessee. but the software is saying since income from partnership firm is there I should file in ITR3. The problem with the ITR3 is that I have to fill in the Balance Sheet and Profit and Loss Account. None of the above income requires accounts to be prepared.
Please advice
CA R SEETHARAMAN
(Expert)
03 August 2017
You have to file ITR 3 select no account case.
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