SEC 44AD

Others 241 views 3 replies
one of my client previous consultant file ITR3 after filling ITR4S for consecutive for 2 year. now which form I should select to file return ?
Replies (3)
you can file in itr 4 if u offer 8% income of your turnover or choose itr 3 to file the return
If you maintain books of account, then file ITR3, or else file ITR4 as a presumptive basis.
but if you opt out of presumptive scheme you cannot opt it for next 5 years.


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