44ADA & ITR3

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....4ADA & ITR3<br> Query (Issue) Started By: - Vikram Mundan Dated:- 9-8-2018 Last Reply Date:- 11-9-2018 Income Tax<br>Got 1 Reply<br>Income Tax<br>A medical doctor (covered under 44AA(1) wishes to use ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....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 44....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....AA (3) & rule 6F although 44AA(1) is mentioned in 44ADA. Due to this reason I&#39;m told, 44AA(3) & rule 6F are applicable in ITR3 & so 44AA has to be followed in ITR3 & 44ADA cannot be used in ITR3.....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 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. Yo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....u can claim 44ADA in ITR 3.<br> Discussion Forum - Knowledge Sharing ....