Income tax return

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PRACTICING CA
59 Points Posted on 10 July 2020
When assesse had two business incomes, can he opt one business under 44ad and other business under normal scheme.

which itr form should be filed.

thanks in advance.
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On 10 July 2020 at 20:27 Report
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This discussion addresses whether an individual with two business incomes can file one under presumptive taxation scheme 44AD and the other under the normal scheme. The consensus is that ITR 3 is the appropriate form for this scenario, as it accommodates both options. Filing ITR 3 allows for the declaration of income from different business schemes within a single return.

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ca.umesh11@gmail.com
1465 Points Posted on 10 July 2020

Yes, File ITR 3, This form has both option

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On 10 July 2020 at 21:28
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PRACTICING CA
59 Points Posted on 10 July 2020
Thankyou
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On 10 July 2020 at 21:30
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Profession
28267 Points Posted on 11 July 2020
ITR 3 IS THE BEST OPTION.
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On 11 July 2020 at 11:46
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PRACTICING CA
59 Points Posted on 11 July 2020
Thankyou
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On 11 July 2020 at 11:59

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