ITR FORM

432 views 17 replies
can i filled ITR 3 for "presumptive income u/s 44AD
Replies (17)

Yes

 

is there any problem in future?

No, if your business is eligible for section 44AD.........

For presumptive income, ITR-4 is applicable not ITR-3
person eligible for 44 AD can he file ITR 4 or ITR3 (non account) any of them?
https://cleartax.in/s/which-itr-to-file
Originally posted by : Ashish Khillan
person eligible for 44 AD can he file ITR 4 or ITR3 (non account) any of them?

Yes.......... Geneally ITR 4 preferred because of its simplicity, but if any capital gains to be declared along with presumptive assessment of business or profession....... ITR3 is the only option left. ............

The Query is as "can i filled ITR 3 for "presumptive income u/s 44AD"...

Ans : Yes...


Here no way for ITR 4 related topics...
person whose TDS is deducted u/s 194 J, 194 H, 194 D then he have to file ITR 3( non account case) ?
Originally posted by : Ashish Khillan
person whose TDS is deducted u/s 194 J, 194 H, 194 D then he have to file ITR 3( non account case) ?

 

Because of commission & brokerage receipts, he cannot declare his income under presumptive assessment (i.e. u/s. 44AD or u/s. 44ADA); so he has to declare his income with accounts i.e. file ITR 3 with P&L acc and BS.

Your gesture has not been conveyed as you have exceeded the limit of number of thanks allowed. 🙏🙏🙏🙏🙏
Yes... I agreed to Mr Dhirajlal Rambhia Sir 👍👍👍🙏🙏🙏😊😊😊

Yes ............Dear Sir...........

Same is the situation here.........

Good Luck .........

ITR 4 For presumptive income


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register