• Registered Users :
  • 163432
  • Current Active Users :
  • 103720

Your Answer

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