ITR FORM Related

individual having income from business and profession with turnover of 25 lakhs
income from house property

can ITR 4 be filed in this regard?
Replies (5)
Quick Summary
This discussion addresses queries about filing Income Tax Returns (ITR). It clarifies that ITR 4 can be used for income from business and profession with a turnover of 25 lakhs, especially if opting for presumptive taxation. It also confirms that a student who broke an FD funded by their father can file ITR 1, provided they have a PAN and are a major.

Yes . if you want to opt for presumptive taxation
I am a student but my father did FD from his money to my account of 5 lakh rupees for 3 years and last year I broke it in 2019 october. now I want to get some refund. can I file itr 1?
Yes. do you have PAN ?
also I trust you are major.

also the father has no problem in explaining source if the need arises.
Anyone can help me in filling itr form, yes I having pan as well as account on itr site.
You can write to me at sushantbidaye @ gmail.com

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