ITR-4 Business Income OR ITR-1

This query is : Resolved 

27 January 2023 Dear Sir,

I have filed my ITR-1 FY 2019-20 income from Salary+ Tuition income and FY 2020-21 filed ITR-4 income from Business boutique+ in other tution income + FD interest. but in FY 2021-22 i don't have income from boutique only income from tuition income+ fd interest and minor income from maintained books of account So please suggest can i go for ITR-1 or its mendatary to me file ITR-4. If i opted out of 44AD Can i face any problem from IT department Please advise

27 January 2023 If ITR 1 is filed, there may be query if the income from tuition was also added to business income in ITR 4 in preceding year.
If tuition income was declared under IFOS, you can go ahead with ITR 1.

27 January 2023 Your business is closed, opting out of 44AD no problem you can file ITR 1.


27 January 2023 Thank you very much Sir,

27 January 2023 You are welcome...
..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries