amt of capital balance as required in b. s in itr 4 .. if capital fig will reduce by loss

When you file ITR 4, you are supposed to declare minimum 50% profit u/s. 44ADA.

No question arises about loss or capital reduction.

If loss.... or capitallized expenditure in first year, file itr 3.

sir.. can I change the return itr 4 by itr 3 by revising the return ???

in my case it is first year of business i.e. running of private dental clinic that run 4 month and it has loss in first year and also the capitalized expenses that had been incurred to renovate the rented shop and also include electrical fitting ??

so do I need to substitute the itr 4 by itr 3..? if it is possible to change..

it is a small scale clinic... revenue is still less than taxable limit.. so there will be no taxation..

one more thing sir that a personal & small scale business loan for doctor s was taken for it... the amount of which came in savings bank of properietor ...
so is it really necessary to show this bank loan and saving bank account in the book of business??
can we not skip it... ??
and I know by doing this there will be foregoing of interest tax saving...