KALPESH JOSHI (215 Points)
15 March 2022I have income from salary and capital gains. also received amazon affiliate income which is only 1500 rs. which ITR i need to file? Is it ITR-2 because my main source of income is from salary,CG and affiliate income can be clubbed into income from other sources or i need to file ITR 3 ? if i file ITR3 then can i opt for presumptive taxation benefit? and am i allowed for exemption us 54ec and 54f for capital gains too?
please reply thanks
KALPESH JOSHI
(215 Points)
Replied 15 March 2022
ITR4 does not include capital gains and income from salary.
sabyasachi mukherjee
(27159 Points)
Replied 16 March 2022
CA Puja Sharma
(Chartered Accountant)
(4972 Points)
Replied 16 March 2022
You can use ITR 2 and report the affiliate income of Rs. 1500 under other sources because it is a very small amount.
KALPESH JOSHI
(215 Points)
Replied 16 March 2022
| Originally posted by : CA Puja Sharma | ||
 |
You can use ITR 2 and report the affiliate income of Rs. 1500 under other sources because it is a very small amount. |  |
Is it allowed in eyes of itr act?
shreya vora
(69 Points)
Replied 16 March 2022
KALPESH JOSHI
(215 Points)
Replied 16 March 2022
all conditions satisfied. May i know what is PGBP
| Originally posted by : shreya vora | ||
|
ITR 2 (IF no PGBP) ITR 3 (IF PGBP) in case of CG u can claim 54EC only if u have trfd any LTCA being immovable property and purchased/invested in Notified bonds within 6 months from trf. u can claim ded u/s 54F only if u have trfd LTCA (not Res. House) and purchased Residential House within prescribed time limit. hence exemption under CG depends on the type of transaction. | |
shreya vora
(69 Points)
Replied 17 March 2022
Samantha J
(1236 Points)
Replied 19 March 2022
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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