Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

Regarding ITR 3

20 August 2021

Sir I am an Accountant and some ofmy parties having sources of income from retail and wholesale trading, and Agriculture Income.That due to the having agriculture income

Reply
Follow
Share

2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177967 Points)
Replied 20 August 2021

Yes you can file ITR 3 with presumptive assessment as per sec. 44AD.

Upgrade to CAclubindia Pro. Subscribe Now!

J S BHAVSAR (CONSULTING) (1288 Points)
Replied 21 August 2021

ITR-4 Form is the Income Tax Return form for the taxpayers who opt for a presumptive income scheme under Section 44AD, Section 44ADA and Section 44AE of the Income Tax Act.