How to shown in ITR 4 for SFT 011 Pur of Forgn Curr in 26AS
This query is : Resolved
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,
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
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Cloud service
- Credit note Issue reg
- Conversion of Pvt Ltd Company to a LLP
- Applicability of RCM on Frieght Inward supplies received from un-registered person
- GST on Fresh Juice Center(Sugarcane)
- Sale of Gold ornaments
- SECTION 194T
- Accounting Policies changes
- Expenses add back in profit
- Forgot to update debit note in gst
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
