what IT FORM TO BE APPLIED FOR RETAIL KARYANA SHOP UNDER PRESUMPTIVE INCOME

please guide me WHAT IT FORM APPLIED FOR KARYANA SHOP UNDER PRESUMPTIVE INCOME BELOW Rs 20 lacs
Replies (3)
ITR 4 Applicable
Yes... The Kryana shop Assessee can opt presumptive taxation scheme and he can file ITR 4 u/s 44ad...
if you directly offering 8% agreed profit than itr 4

and if you are comparing actual profit with agreed profit of 8% and offering whichever is higher then itr 3

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