20 July 2010
guru ji i dont know tha specific place in ITR 4 ,computation of income from business bifurcate the amounts, i have ITR -4 in my hand , pls guru ji tell where i fill loss of 15000
20 July 2010
but how income tax department will know that i have 15000 rs loss from one business wight is i st off from other business if i fill rs 165000(180000-15000)
20 July 2010
Speculation loss in profit & loss will be set off and not in schedule BP. There show it as gross and do not set off the speculation profit against non speculative.
20 July 2010
what is ok sir i wants to know how incometax dept. know that i have 15000 rs loss from one business and same is setoff from other business income of rs 180000 ., if i fill rs 165000(180000-15000) in itr4 part B , TI COMPUTATION O TOTAL INCOME POINT 3 , PGBP