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Itr 3 vs Itr4

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Student CA Final
67 Points Posted on 26 July 2021
Can I file ITR-3, IF I WANT TO SHOW MY BUSINESS INCOME UNDER 44AD , AND AGRICULTURE INCOME MORE THAN Rs. 5000.

Because in ITR - 4
agriculture income upto 5000 is allowed.
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On 26 July 2021 at 12:13 Report
Replies (12)
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Chartered Accountant
24588 Points Posted on 26 July 2021
No if you're filing under presumptive taxation then 44AD should be filed under ITR 4 for 5 years you cannot change before
129 Reply
On 26 July 2021 at 12:31
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Profession Business
28198 Points Posted on 26 July 2021
First is your source of income which is pertinent.
Then how much is taxable as per existing statute ?
If you hv not computed , compute it.
44 Reply
On 26 July 2021 at 12:33
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Student CA Final
67 Points Posted on 26 July 2021
But from previous 3 years I am filling presumptive tax income 44AD with agriculture income in ITR 3
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On 26 July 2021 at 12:36
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Profession Business
28198 Points Posted on 26 July 2021
What type of income you hv?
44 Reply
On 26 July 2021 at 12:41
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Student CA Final
67 Points Posted on 26 July 2021
Business income and agriculture income
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On 26 July 2021 at 12:43
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Profession Business
28198 Points Posted on 26 July 2021
Now the quantum is important.
44 Reply
On 26 July 2021 at 12:56
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Student CA Final
67 Points Posted on 26 July 2021
4 lacs each
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On 26 July 2021 at 13:29
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2742 Points Posted on 26 July 2021
You can show your income 44ad in itr 3 as you have agriculture income more than Rs. 5000, there is no issue.

For more consultation m s g me
9 Reply
On 26 July 2021 at 15:18
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126 Points Posted on 26 July 2021
U can show Both in itr3.. It will not violate any of the rules
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On 26 July 2021 at 16:40
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Profession Business
28198 Points Posted on 28 July 2021
Please send me details at sabyasachimukherjee7098 @ gmail.com
44 Reply
On 28 July 2021 at 08:00
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Chief Accountant
3150 Points Posted on 29 July 2021
Vishal ji

you are absolutely right.
you have to file ITR 3 and in that you can show business income u/s 44AD and your agriculture income. ITR 3 is the only right form in your case..
there is no violation of any law
9 Reply
On 29 July 2021 at 20:52
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Profession Business
28198 Points Posted on 30 July 2021
No business income under Sec 44AD falls in different category.
44 Reply
On 30 July 2021 at 10:18


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