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IT RETURN-REG

This query is : Resolved 

DEAR SIR / MAM

I DOING AGRICULTURAL PRODUCT BUYING AND SELLING BUSINESS, AND ALSO WORK IN PRIVATE COMPANY, I HAVE NOT ELIGIBLE FOR INCOME TAX FOR SALARIES BASIS, BUT AGRICULTURAL BUSINESS INCOME HOW TO SHOW THE RETURN,

NOTE : I AM ONLY INTERMEDIATOR. ( ( AGRICULTURAL PRODUCTS MANUFACTURER > I AM BUYING > SALE TO TENDERS ) IF SOME TIMES GET PROFIT SOME TIMES GOES TO LOSS ))


Trading in agricultural products is a 'business' and income therefrom is taxable under
the head 'income from business'.

HOW TO FILE THE ITR. ( ALSO I GETTING SALARY INCOME )

file ITR 4 IF NO REGULAR BOOKS IS MAINTAINED AND ITR 3 IF REGULAR BOOKS ARE MAINTAINED

file ITR3/4 . Show salary and Business income


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