WHICH ITR

137 views 1 replies
a person having LTCG and business income and he is not maintaining books of accounts and showing PGBP income on the basis of presumptive basis in the previous years but in CY he has LTCG then which ITR as to file
In this case only ITR 3 is possible but he is not maintaining BOA then where to mention PGBP income.
since 44aa is required to opt or not
Replies (1)

ITR3 can be used for Presumptive assessment of income from PGBP and capital gains...

No mandatory to maintain books when 'presumptive assessment'  opted, in ITR3


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register