hello sir or madam.
I have salary income & business income for this year and i have filed my income tax returns under PRESUMPTIVE taxation (ITR 4)
Next FY i don't have any business income can i switch from ITR 4 to
ITR 1?
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PRESUMPTIVE TAX scheme ....
Replies (2)
Yes, provided no business income...
@ Joshua,
You may switch from ITR-4 to ITR-1 but for upcoming few years you can't opt ITR-4 if you switch from ITR-4
You may switch from ITR-4 to ITR-1 but for upcoming few years you can't opt ITR-4 if you switch from ITR-4
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