Itr form 4

This discussion clarifies the correct Income Tax Return (ITR) form for individuals with both professional income and agricultural income. It confirms that ITR 4 is the appropriate form for declaring professional income, specifically mentioning that 50% of gross receipts can be shown. Additionally, it addresses the declaration of agricultural net income, which was stated as Rs. 480,000/-, and advises on using section 44ADA for professional income reporting.