Which ITR do I need to file

Which ITR do I need to file

Hi everyone.

I have a question regarding the type of ITR that I need to file. I am a professional and I filed the ITR 4 in A.Y. 2017-18. However, Last year, I was advised to file ITR 3 since capital gains from mutual funds were being taxed. So, I filed ITR 3.

My question is, which ITR should I file this year.? I used cleartax last year and I am not sure that they are the best people to go for advice since the return that was filed by them was defective.

I am a professional and I invest in mutual funds too. I have sold and brought mutual funds in this F.Y. too (2018-19) i.e. A.Y. 2019-20.

Asked 5 years ago in Income Tax

Sir you can always take help direct professional rather than submitting just your details over some website and not knowing who files your ITR and if you know the professional he shall be accountable to help you out with your defective return.

If you need any help in replying notices do let me know. You can mail me at maloonaman402@gmail

Regarding your ITR I would say you will have to file ITR 3 only when you have any income from capital gain but you need to show your professional income under presumptive section.

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Thank you