A.Y 2018-19 , ITR-4 has been filled
A.Y 2019-20, ITR-3 has been filled
now in A.Y 2020-21, ITR-4 can be filled or ITR-3 have to filled ?
As per the requirement you change
if you elaborate more then I can say
10 Replies
Kapadia Pravin
(17259 Points)
Replied 10 January 2021
No you can not file ITR4 for next 5 years. For AY 20-21 you have to file ITR3.
ayusmita
(Tax consultant)
(5885 Points)
Replied 10 January 2021
He will not able to take advantage of persumative return as per the rules and regulations that's all
Ashish
(Chartered accountant)
(181 Points)
Replied 10 January 2021
But, i m trying to open ITR-3 excel utility, it shows corrupt file
ayusmita
(Tax consultant)
(5885 Points)
Replied 10 January 2021
File itr 4 with normal return not taking the advantage of itr 4 presumitative income expemption and all as time is less and your utility is not opening but a normal return if you are not audited and no commission and brokerage and others factors
Kapadia Pravin
(17259 Points)
Replied 10 January 2021
Under section 44ADA you are not allowed to switch back to 44ADA ITR4 from ITR3.
ayusmita
(Tax consultant)
(5885 Points)
Replied 10 January 2021
What he do if his utility and others things not working and we can't let them for penalty
Kapadia Pravin
(17259 Points)
Replied 10 January 2021
It's both 44AD and 44ADA (REF. to above reply)
ayusmita
(Tax consultant)
(5885 Points)
Replied 10 January 2021
Ok let it be don't fill itr 4 if you don't understand properly I telling as per my personal experience
so in your case simply download pre xlm of the client and if you have other clients itr3 download of current year then import and filled
so in your case simply download pre xlm of the client and if you have other clients itr3 download of current year then import and filled
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