Codes related to speculative bussiness income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2015 EXPERTS,
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

Amol S Joglekar

Amol S Joglekar (Expert)
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17 August 2015 in itr 4, sheet named as BP, put in the item 2a

You can use 1001 as OTHER for residuary head

Querist : Anonymous

Querist : Anonymous (Querist)

Amol S Joglekar

Amol S Joglekar (Expert)
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17 August 2015 which form are you using? ITR 4 downloaded from income tax web site EXCEL or any software enabled ITR 4?

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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