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ITR FORM 3 and 4
I am filing ITR 3 since 2015. now I want to file ITR4 onwards . can I file. there will be no issue in future.
Replies (3)
As such you can file ITR which is suitable to your nature of income/s. It may change every year, as per the requirement, and there is no harm in its change.
Check whether ITR 4 is suitable as per your income assessment. If yes, you can go with it.
But suppose you have capital gains declaration along with PGBP income, ITR 3 should be opted.
You can file no problem but for opting ITR 4 presumptive taxation turnover should be less than 2 crores rupees
Thanks
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