ITR-3 and and Presumptive Tax OPT

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..
Replies (7)
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.

Yes, You can file.

But,
Why You filed ITR 3 in previous years...??

Is there any reason...??

What is Your business...???
No issue even if you file ITR-4.
🙏 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...
Originally posted by : Tapas Samadder
🙏 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...

No issues.

You can file.

🙏 Thanks for help me
Originally posted by : Tapas Samadder
🙏 Thanks for help me

You are most welcome...

Welcome 😊😊😊

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