Income Tax · Topic

Business & Profession

ITR-3 / ITR-4, presumptive sections (44AD/44ADA/44AE/44BBC), audit thresholds, and common business-return errors.

Articles in this topic 1

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Five Common Errors to Avoid When Filing Business Income-tax Returns
Business taxpayers -- proprietors, professionals, partnership firms -- file Income-tax Return Form 3 (regular accounting) or Form 4 (presumptive). These forms are more complex than Form 1, and small errors trigger notices, scrutiny selection, or refund delays. This arti…