Can ITR 4 be used for reporting LTCG - FY24-25
This query is : Resolved
Quick Summary
26 June 2025
Have the following a income. Need clarification whether ITR 4 can be used this year filing (FY24-25)
1. Business income - using Presumptive Taxation.
2. interest on FD/Saving.
3. LTCG approx. 70k (less than 1.25Lacs)
4. Minor pension amount of approx. Rs 6000/ P/A and dividend of Rs 200 (this year).
Last year had used ITR 3. This year I understand ITR4 has this facility to report LTCG if its less than 1.25 Lacs per annum.
Kindly confirm whether ITR 4 can be used this year (FY 24-25) for above transactions.
1. Business income - using Presumptive Taxation.
2. interest on FD/Saving.
3. LTCG approx. 70k (less than 1.25Lacs)
4. Minor pension amount of approx. Rs 6000/ P/A and dividend of Rs 200 (this year).
Last year had used ITR 3. This year I understand ITR4 has this facility to report LTCG if its less than 1.25 Lacs per annum.
Kindly confirm whether ITR 4 can be used this year (FY 24-25) for above transactions.
Dhirajlal Rambhia
(Expert)
26 June 2025
Yes, ITR 4 can be filed if the LTCG is u/s. 112A IT act (means exempt)
Dhirajlal Rambhia
(Expert)
28 June 2025
You are welcome.
Dhirajlal Rambhia
(Expert)
27 September 2025
Good luck..
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