Itr3 or itr4

This discussion clarifies which Income Tax Return (ITR) form to file when TDS is deducted under section 194C. It explores whether presumptive taxation under section 44AD is applicable for business income, specifically advertisement work contracts, with gross receipts around £19,00,000. While 44AD is generally possible if conditions are met, the consensus leans towards filing ITR3 under normal provisions due to the nature of the income and potential complexities, especially if insurance income was initially considered.