Income tax return for salary+stock market
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 March 2015
Hello Experts,
My friend is a salaried employee and he has also done intra day trading in F&O, Equity, MCX , also short term investing and log term investing. & Over all he has occurd in loss. the questions are below ?
1.> Which ITR form he need to fill
2.> if any procedure for how to fill may be hinted.
My friend is a salaried employee and he has also done intra day trading in F&O, Equity, MCX , also short term investing and log term investing. & Over all he has occurd in loss. the questions are below ?
1.> Which ITR form he need to fill
2.> if any procedure for how to fill may be hinted.
25 March 2015
as far as the circumstances are clear in the question i will say trading business is considered as Speculation business and ITR 4 should e filed for such Income or Loss
So if Salary Income and speculation Income is there then assessee need to file ITR 4
So if Salary Income and speculation Income is there then assessee need to file ITR 4
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
