Commodity income
This query is : Resolved
CA jyoti karamchandani
(Querist)
18 October 2013
IN COMPUTATION WHERE WE SHOULD SHOW THE COMMODITY INCOME
18 October 2013
It should be shown as business income and u should file itr 4 in this regard.
18 October 2013
Yes, Its income from Business & Profession!
Thanks//VaibhavJ
Thanks//VaibhavJ
CA jyoti karamchandani
(Querist)
18 October 2013
THANK YOU SIR.....
CA jyoti karamchandani
(Querist)
18 October 2013
ITS A SPECULATION INCOME OR ORDINARY INCOME
CA jyoti karamchandani
(Querist)
18 October 2013
ITS A SPECULATION INCOME OR ORDINARY INCOME
18 October 2013
Hi
If it is your main business then it form part of Business Income.
Thanks
If it is your main business then it form part of Business Income.
Thanks
CA jyoti karamchandani
(Querist)
18 October 2013
SHOULD I TAKE THE COMMODITY INCOME AS SPECULATION OR ORDINARY INCOME
21 October 2013
If u frequently deal in commodity income then its speculative business income and to be disclosed in ITR-4 as business income.
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