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which ITR form apply

Others 205 views 5 replies
Whether person having income of Salary is 144000 (received in cash) and also doing retail trading business having Turnover of Rs 685000 and also having Income from other sources like Interest income, Brokerage income of Rs 110000 can file ITR-4 (U/S 44AD) for AY 2019-20. ???

(income head is Salary, B&P, Other Sources)
(Assessee has not maintained books of account)

In AY 2018-19 he has filed ITR-1 having other income of Rs 249800.

On 2/4/2019 (FY 2019-20) he has doing GST registration for retail trading business.
kindly give reply
Replies (5)
as brokerage income is there you need to file ITR -3
if there is a commission income instead of brokerage income. ???
ITR 4 not applicable for the above said incomes. ITR 3 is suitable.


if there is a commission income instead of brokerage income. ???

Yes... ITR 3 is applicable with BS and PandL.
if only salary income and business income can I file ITR-4??
if only salary income and business income can I file ITR-4??

Yes... Can be file ITR 4. If Your business is eligible u/s 44ad...


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