44ad presumptive scheme

This discussion explores the eligibility for filing ITR 3 when transitioning from presumptive tax schemes (like 44AD) in previous years. The user previously filed ITR 4 for FY 2016-17 and 2017-18, and ITR 1 for FY 2018-19 and 2019-20. They are seeking advice on whether they can now opt for ITR 3 to declare business income, potentially showing profits exceeding 8% of their total turnover.