Question: what is the difference between itr 1 and itr 4?
Answer: On the other hand, ITR-4 can be used to file returns by resident individuals, Hindu Undivided Families (HUFs) and firms (other than Llp) having a total income of up to ₹50 lakh from business and profession and those filing ITR under the Presumptive Taxation Scheme (PTS).