How to shown in ITR 4 for SFT 011 Pur of Forgn Curr in 26AS
This query is : Resolved
Quick Summary
19 October 2020
Dear all..
good morning
I have little confusion about filling of ITR 4 of Individual who is a partner of Partnership Firm.
In his 26AS foll.transaction found -
SFT-011
Purchase of
Foreign
Currency
He is taken an education loan for his son for study abroad??
His total taxable income is below Rs.500000/- and no any tax is payable.
How to shown the above transaction in ITR 4 form??
Request to all, let me clarify on a priority basis.
Thanks in advance
Regards,
good morning
I have little confusion about filling of ITR 4 of Individual who is a partner of Partnership Firm.
In his 26AS foll.transaction found -
SFT-011
Purchase of
Foreign
Currency
He is taken an education loan for his son for study abroad??
His total taxable income is below Rs.500000/- and no any tax is payable.
How to shown the above transaction in ITR 4 form??
Request to all, let me clarify on a priority basis.
Thanks in advance
Regards,
Dhirajlal Rambhia
(Expert)
26 September 2021
For a partner of any partnership firm, ITR 4 is not applicable.
File ITR 3
File ITR 3
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
