44ADA & ITR3

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..... 44ADA & ITR3
Query (Issue) Started By: - Vikram Mundan Dated:- 9-8-2018 Last Reply Date:- 11-9-2018 Income Tax
Got 1 Reply
Income Tax
A medical doctor (covered under 44AA(1) wishes to use .....

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..... 44ADA in ITR3. ITR3 is required because there is short term & long term capital gain from mutual fund. I am told that 44ADA overrides provisions only section 28 to section 43C & does not override 4 .....

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..... 4AA (3) & rule 6F although 44AA(1) is mentioned in 44ADA. Due to this reason I'm told, 44AA(3) & rule 6F are applicable in ITR3 & so 44AA has to be followed in ITR3 & 44ADA cannot be used in ITR3 .....

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..... . Question is, if a doctor can use 44ADA in ITR4, then why can he not use 44ADA in ITR3? Reply By Nandan Khambete: The Reply: ITR form framed by CBDT cannot decide benefits under Income Tax Act. Y .....

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..... ou can claim 44ADA in ITR 3.
Discussion Forum - Knowledge Sharing .....

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