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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

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166444 Points)
Replied 20 August 2021

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

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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.