Poonawalla fincorp
Poonawalla fincorp

Filling of itr form

This query is : Resolved 

09 July 2019 Dear Sir/Madam
I have running a small business which last year (FY 2018-19) sales turnover is Rs.30 lac. For AY 2018-19 I was filed form ITR 3 with all schedules and details.But I was not maintain the business books of accounts.
My total turnover is below 1.5 cr. so, can you tell me which form I select to file return for AY 2019-20.(ITR-3/ ITR-4)
1. ITR-03 with all details of Incom & Exps. as per last AY 2018-19.
2.ITR-03 with P&L line items no 61 to 64 & BS line Item no 6 form NO Account Case
3. ITR-04 for presumptive income shown
Also advice for requirement of audit of my accounts books.
Thnaks
Mahesh S


09 July 2019 File ITR-04 for presumptive income shown. No tax audit required.

09 July 2019 For last AY 18-19 I was file ITR-03, can be possible to use form ITR-04 for AY 2019-20 for filling of It return.
Is any issue come in future for change of form?
Please advice
thanks


09 July 2019 No problem if you have not opted for 44AD earlier.



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