itr 4 to 4s

ITR 161 views 5 replies
dear scholers as I have filled itr 4 in fy15-16 and carry forward loss of rs.230000.
now I want to know that can I filled itr 4s for fy 16-17. I don't want to claim loss of last year..
can I do so?
is there any increase in chances of scrutiny on the basis of changed itr?
plz guide me..which will be better way?
should I go for claim loss or not..
Replies (5)

ITR 4 IS ALWAYS BETTER 

U CAN FILE ITR4 AS IF INCOME BELOW 2 CR AND PROFIT 8% 

I have turnover of ₹13lac and profit is about 3 lac before claiming loss.. what should I do?
and what is the reason for filling itr 4 for continuous 5 yr..? it is any statuary requirement?
claim last year loss first.. then your business what happened Checking the employee are good or not ...loss comes every year not your wrong your product is quality less I should growth​ your product
@ fakruddin babu- I have loss bcoz my business is newly setup and I have high cost of rent....
what is your business where is


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