Pls solve the following query urgently
There is business loss u/s 35ad
When we feed the details in smart tax software it asks to file ITR3 but in ITR3 no business income is filed.
That means we must file ITR4. Please find out which one is correct.
Even though business income is not shown in ITR 3 but loss c/f appears in the form with the same amount under 35ad.
CAclubindia
