Dear Sir, I filled ITR-3 and I submitted sales and paid Tax in presumptive method in ITR-3 (from four years). In A.Y. 24-25 can I file ITR-4, if I file any leagal problem? pls..
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Quick Summary
This discussion addresses whether an individual who has been filing their income tax returns using ITR-3 with presumptive tax can switch to filing ITR-4 for Assessment Year 24-25. The consensus is that filing ITR-4 is permissible, even if ITR-3 was used previously. It's confirmed that this switch poses no legal issues, particularly for a retail garment business opting for the presumptive tax scheme.
🙏 Thanks to all, Dear Sir, in this case one of my relative required to file ITR-3 in normal tax rate, if any legal issues, retail Garments business.pls...
🙏 Thanks to all, Dear Sir, in this case one of my relative required to file ITR-3 in normal tax rate, if any legal issues, retail Garments business.pls...