Presumptive income - 44AD

From AY 2014-15, assessee has been filing return showing business income - other than u/s.44AD and is filing ITR 3.

but in reality assessee isn't maintaing any books of accounts.
All the amounts that were filled in the previous returns were just some bare calculations.

Now, for AY 2022-23, can I opt for 44AD and file ITR 4????
Replies (3)
Quick Summary
This discussion addresses whether an individual can switch to presumptive income under Section 44AD for AY 2022-23, even if they previously filed under a different section without maintaining books of account. The consensus is yes, you can opt for 44AD and file using ITR 4, provided you commit to filing under this section for at least six consecutive years.

Yes, you can file ITR 4 u/s. 44AD; but continue to file it for at least 6 years, under same section.

Yes sir. I'll make sure of that... thank you...

You are welcome ...            

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details