Question ID :
44340
Income Tax Return Form for AY-2022-23
Dear sir,
A taxpayer had filed return ITR 4 (44AD -Presumptive Taxation) up to AY 2021-22 (FY-2020-21).In FY 2021-22 (AY-2022-23) he became a Director in a Private Limited Company (The company has no turnover, no remuneration paid to Directors during the FY 2021-22).
In the current AY 2022-23 (FY-2021-22) he filed ITR in ITR-3.Is the Return filed under ITR -3 correct or not ? please explain.
Posted by
KAMAL KISHORE VERMA
on
Aug 08, 2022
Filed Under
DIRECT TAXES
Answer ID :
83582
Return form (ITR-3) selected for filing is correct.
Posted by
B.CHACKRAPANI WARRIER on
Aug 09, 2022
Answer ID :
83633
Yes. ITR-3 can be filed in this case.
Posted by
CA. chunauti dholakia on
Aug 13, 2022