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.