dear sir
my clint tractor supply in plant site so how in select income tax head ?
ITR3 for business income
ITR2 for rental income.
Vijay Baraiya (Advocate) (271 Points)
03 July 2019
Mrugashi Nene
(student)
(133 Points)
Replied 03 July 2019
ITR3 for business income
ITR2 for rental income.
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 03 July 2019
1. Any person who is engaged in the business of supplying or leasing a Tractor will be considered as running a business and the resultant profit or loss will be charged to tax under the head Profits and gains from a business or profession (PGBP).
Please correct me if the above solution has an alternative view.
CAclubindia
