44 ADA

25 September 2018

Is 5 years condition to opt presumptive income ÌTR applicable to file ITR 4 for 44ADA just like 44AD if ITR3 has been filed in current assst.year.

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4 Replies

Komal Nagpal (Student) (58 Points)
Replied 25 September 2018

No itr 4for ADA is not conditional as like 44AD and it for professionals not business.
in professional, income may be arise or not in future.

Gauri Shanker Lal Srivastav (218 Points)
Replied 25 September 2018

In ay 2017-18 I filed ITR4 (ADA)& in the current year i.e.2018-19 I filed ITR3. It means I can file ITR4 4(ADA) in 2019-20.

Komal Nagpal (Student) (58 Points)
Replied 25 September 2018

yes u can file itr 4 in a.y 2019-20

Gauri Shanker Lal Srivastav (218 Points)
Replied 25 September 2018

Thanks a lot for tis information.

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