Itr for professional and llp partner



I am currently working as a technical consultant on contract since August 2018. Also I am a managing partner in an LLP under which there is no income in last FY. I wish to file my income tax for FY 2018-19 under presumptive tax regime but not sure if I must fill ITR 3 or ITR 4? I also jointly own (with my wife) 2 houses (1 in another city and 2nd in same city where I reside but still under construction). My total income from consultancy was less than 10 lac for FY 2019-20. Please guide about the correct ITR.

Thanks in advance.

Regards, Anuj.

 
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Select ITR 3, suitable for PGBP income along with partnership.


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"Do the Right Thing...!!!"

ITR 3 is applicable to a partner.


*ITR 4 not applicable...

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Thanks a lot Ms. Antrika and Mr. Raja for your replies and to clarify the required ITR. Will the same ITR3 be applicable for my wife, who is a salaried person in an organization and is partner in my LLP (non-earning during last FY)? Or will it be only ITR3 OR (ITR1 + ITR3) for her? Thanks in advance. Anuj.
 
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"Do the Right Thing...!!!"

Dear.,
Just a Simple logic...

If a Taxpayer/Assesee is a partner then ITR 3 only applicable...
 
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Thanks.. It certainly helps! best regards.

 
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being a partner it's your profession file return accordingly
 
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