Is benefit of presumptive income available for ITR 3?

This discussion clarifies whether the benefit of presumptive income is available when filing under ITR 3. While ITR 4 is typically for presumptive business income, it lacks capital gains reporting. The consensus is that presumptive income can indeed be filed using the ITR 3 form, even if you also have capital gains or other income sources. This allows taxpayers to benefit from the presumptive scheme while accurately reporting all their income.