Codes related to speculative bussiness income
Querist : Anonymous
My query is that where do i enter the income from speculative business income in itr 4 and what are the code related to speculative business income kindly inform me it's an urgent.and kindly state where do i enter the code in itr 4 sheet.
Thanking You
You can use 1001 as OTHER for residuary head
Querist : Anonymous
My query is that where do i enter the income from speculative business income in itr 4 and what are the code related to speculative business income kindly inform me it's an urgent.and kindly state where do i enter the code in itr 4 sheet.
Thanking You
If you are using EXCEL ITR 4 downloaded from income tax website, follow the answer given earlier.
Enter the income from speculative business in SHEET named BP, item 2a.
Use code 1001 for speculative business.
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