ITR 4 OR ITR 1
This query is : Resolved
02 September 2020
If last year i.e AY 2019-20 ITR-4 was filed u/s 44ADA,with professional income. Now in current AY 2020-21 with no professional income , can we still file ITR-4 ( if other applicable conditions are satisfied ) OR ITR-1 is suggested ( without professional income ).
Is there any impact of switching from form Itr-4 to itr-1.
Is there any impact of switching from form Itr-4 to itr-1.
02 September 2020
rmalhotra ji,
There is no issue in switching between ITR forms, as it depends on sources of income, status of assessee and limits prescribed under the law.
There is no issue in switching between ITR forms, as it depends on sources of income, status of assessee and limits prescribed under the law.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- SHARE TRANSFER PRIVATE LIMITED COMPANY
- Car Purchases in Daughter Name
- Invoicing in different currency
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
