Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Doubt in ITR-4

Save Share

Join Us Follow Us Add as Source

This query is : Open

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2011 Dear all,
our client is attracted to sec-44AD&AE and got 2 house proprieties,so started filing in ITR-4,and but the income is showing in negative in BP Annexure of ITR-4 after the income details.Why its so?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

25 July 2011 I have failed to understand how 2 houses are coming in between at the time of 44AD & AE. It seems that you are unable to place the proper facts

Querist : Anonymous

Querist : Anonymous (Querist)

25 July 2011 Dart ok sir,
My doubt is an assessee got presumptive income under sec 44AD44AE and also got house property income.Now while entering the presumptive income in respective columns of ITR4(i.e.,BP Annexure)the said income is showing in -ve.Im nt able to understand why it is showing in dat way?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now