44AD Query

ITR 196 views 2 replies

I hv following query in one of my client.

ITR 4 filed for A. Y 2018-19 . Then Since ITR 3 has been filed for A.Y 2019-20 so whether same was required to be filed for A.Y 2020-21 also...

whether return of A.Y 20-21 need to be revised & to be filed ITR 3 instead of ITR 4 filed.. if return needs to be revised then what about audit under section 44ad(5) for A.Y 2019-20 and 2020-21


Attached File : 1175981 20210204010405 44ad query .pdf downloaded: 19 times
Replies (2)
If you are filing itr4s by opting 44ad then you have to maintain it for 5 years. Otherwise if you are filing itr 3 then there is no problem no need to revise

ITR 4 in AY 18 19 

ITR 3 in AY 19 20

ITR 4 in AY 20 21 

is this correctly filed for AY 20 21 i.e ITR 4 ?? 

If AY 20 21 is not correct then do we need to revise AY 20 21 n file ITR 3 Revised ? Also so we need to do Audit then ? 


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