Income tax
Himanshu (student) (50 Points)
01 October 2020
Upto last fy I was filing itr 4 (44ad) now don't have turnover but have stock. Which itr should I file.?
7 Replies
Nidhi
(Chief Accountant)
(3150 Points)
Replied 01 October 2020
But if person doesn't have any turnover, than what to show in ITR 4 ?
Amit Khare
(204 Points)
Replied 08 October 2020
But having no turnover defeats the concept of 44AD. In case of only stock and no turnover, will have to go towards Itr 3
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