Itr 4 or itr 3

I AM HAVING A CONFUSIO WHILE FILLING ITR BECUASE IN MY CASE HAVING 2 SOURCE OF INCOME ONE IS AGRICULTURE ND 44AD ASSUMPTION INCOME FROM BUSINES SO WHICH ITR I HVE TO FILE ??

Replies (7)

File ITR3 with no books of accounts option.........

ITR-4 CAN BE ?

For AY 2018-19 .........

SUGAM (ITR4) cannot be used in following cases:-

(a) Income from more than one house property or where there is brought forward loss or loss to be carried forward under this head; or

(b) Income from Winnings from lottery or income from Race horses; or

(c) Income under the head ―Capital Gains, e.g. Short-term capital gains or long-term capital gains from sale of house, plot, shares etc.; or

(d) Income taxable under section 115BBDA; or

(e) Income of the nature referred to in section 115BBE; or

(f ) Agricultural income in excess of  Rs.5,000; or

(g) Income from Speculative Business and other special incomes; or

(h ) Income from an agency business or income in the nature of commission or brokerage; or

(i ) Person claiming relief of foreign tax paid under section 90, 90A or 91; or

(j ) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India; or

(k) Any resident having income from any source outside India.

Originally posted by : Dhirajlal Rambhia
For AY 2018-19 .........

SUGAM (ITR4) cannot be used in following cases:-

(a) Income from more than one house property or where there is brought forward loss or loss to be carried forward under this head; or

(b) Income from Winnings from lottery or income from Race horses; or

(c) Income under the head ―Capital Gains, e.g. Short-term capital gains or long-term

capital gains from sale of house, plot, shares etc.; or

(d) Income taxable under section 115BBDA; or

(e) Income of the nature referred to in section 115BBE; or

(f ) Agricultural income in excess of  Rs.5,000; or

(g) Income from Speculative Business and other special incomes; or

(h ) Income from an agency business or income in the nature of commission or brokerage; or

(i ) Person claiming relief of foreign tax paid under section 90, 90A or 91; or

(j ) Any resident having any asset (including financial interest in any entity) located outside India or signing authority in any account located outside India; or

(k) Any resident having income from any source outside India.

In the Above Querry ITR-4 can be file ? As ITR-4 has option for Agriculture Income.

Only if the agricultural income is below Rs. 5,000/-

I AM VERY THANKFUL SIR FOR HELPING ME OUT .

 

SIR BUT HOW TO DO CAN U TELL ME 

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