in which form we should submit can driver/owners . can we file ITR 4 assuming presumptive income . or ITR 3 where commission agents ?
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Quick Summary
This discussion clarifies which Income Tax Return (ITR) form cab drivers and owners should use. It explains that ITR 4 can be used for presumptive income under section 44AD. However, if income is from commission, ITR 3 is more appropriate as commission income doesn't qualify for presumptive taxation. For owner-operators, ITR 3 is generally preferred, while ITR 2 might be suitable for drivers.