What is the right way to show income from equities and Mutual Funds if filing returns under section 44 ADA for Income Tax Returns ?
Akash Gupta (Accounting) (69 Points)
08 May 2018What is the right way to show income from equities and Mutual Funds if filing returns under section 44 ADA for Income Tax Returns ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166645 Points)
Replied 09 May 2018
If any short term CG...... file ITR 3 and declare the gains under Schedule CG.
If only LTCG, which is exempted, can be declared under Schedule EI.
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