Which ITR form to be used
Siva kumar (30 Points)
21 March 2020
Sir, I am a self employed with income of 2 lakh & having significant amount of bank transactions. Which ITR to be used?
Siva kumar (30 Points)
21 March 2020
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 21 March 2020
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 21 March 2020
You may opt for ITR 3 or ITR 4 as applicable:
ITR 3: For individuals and HUFs having income from profits and gains of business or profession
ITR 4: For Individuals, HUFs and Firms (other than LLP) being a Resident having Total Income upto Rs.50 lakhs and having income from Business and Profession which is computed under sections 44AD, 44ADA or 44AE
shweta
(student)
(22 Points)
Replied 21 March 2020
CAclubindia
