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Income tax

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Upto last fy I was filing itr 4 (44ad) now don't have turnover but have stock. Which itr should I file.?
Replies (7)

ITR4. Same as last year.

Same itr 4 which you are filling
But if person doesn't have any turnover, than what to show in ITR 4 ?
He have stock
Yeah that's why have to file 4
But having no turnover defeats the concept of 44AD. In case of only stock and no turnover, will have to go towards Itr 3
WHO FILLS ITR3


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