Easy Office
LCI Learning

Income from derivatives segment


17 December 2013 Dear sir / madam,

I have only income from derivatives segment, option segment. As per income tax act income from derivatives segment is a business income.

I want to know how to show this income in ITR4 in profit and loss schedule. whether to show as other income because we cannot show this under sale / receipt column.

One more thing can I show net of expenses. (Stt, telephone, misc exp. ).

pls advice. Thanks

18 December 2013 To be shown as business income.

19 December 2013 Dear Mr.Vishal,

I know this is business income, if you read my query carefully I want to know how to show this income.

thanks




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query