Basic difference of presumptive business under 44ad in itr-4 & itr-3


Others

HLO, CAN SOMEBODY SUGGEST ME,

                      THE DIFFERENCE BETWEEN ITR-4 AND ITR-3 WHILE OPT PRESUMPTIVE BUSINESS UNDER 44AD, 44ADA AND 44AE?

 


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KVO Merau Kutchh

AS SUCH BOTH ITRs CAN BE USED, BUT ITR3 IS SUITABLE WHEN CAPITAL GAINS IS ALSO REQUIRED TO BE DECLARED ALONG WITH PGBP INCOME.


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KVO Merau Kutchh

IF no capital gains, and other conditions as per ITR4  are satisfied, Go for ITR4 as its simpler.


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"Do the Right Thing...!!!"

Yes...
I agreed to Mr Dhirajlal Rambhia Sir view...

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