ITR 4 form is for income from a presumptive business, but it does not contain any column for capital gain/loss on sale of investment/property. So if one has income from salary and business and capital gain/loss, then he has to file ITR 3 but then he will not be able to avail the benefit of presumptive income. What can we do?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178317 Points)
Replied 04 November 2021
Income under presumptive assessment can be filed under ITR 3.
sabyasachi mukherjee
(27579 Points)
Replied 05 November 2021
Income under presumptive scheme can be easily filed thru itr 3.
please arrange to send details at contactat @ easyaccountingaudittax.co.in
please arrange to send details at contactat @ easyaccountingaudittax.co.in
Recent Topics
- List of banks for tax payments available at e-Pay
- Excess itc claimed then intrest applicable even if
- Financing for Properties and Businesses
- TAX DEMAND STILL SHOWING ON INCOME TAX PORTAL, EVE
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
Related Threads
CAclubindia
