Which ITR Form ITR-3/ ITR -4

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kandivali
86 Points Posted on 26 July 2023
Tds deducted under both sec.194 C & 194 Jb. Amount of Income received only Rs.49718.
In which ITR form, I should file the return ITR- 3/ ITR -4 or I can choose any one from these 2 options.
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On 26 July 2023 at 22:22 Report
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Quick Summary
This discussion addresses the choice between Income Tax Return (ITR) forms ITR-3 and ITR-4. Based on TDS deductions under Sections 194C (contract business) and 194J (professional income), ITR-3 is generally recommended. This form is more suitable when you have income from business or profession, even if the total income received is relatively small.

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Semi Qualified CA
3208 Points Posted on 26 July 2023
Based on the information provided, it appears that you may have income from business or profession, making ITR-3 is the more appropriate choice.
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On 26 July 2023 at 22:47
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Profession
28261 Points Posted on 27 July 2023
The assesse had not mentioned source of income and other details.
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On 27 July 2023 at 12:33
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Semi Qualified CA
3208 Points Posted on 27 July 2023
Assessee has mention 194c ie contract business and 194jb that means he is having professional income also... that's y I suggested itr 3.
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On 27 July 2023 at 12:54

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