Itr for 2 business
This query is : Resolved
15 July 2018
I have 2 business. One is trading in share market and other is trading in cloth.
I want to file ITR on presumptive basis for cloth business and for share trading business on actual profit/loss basis.
Kindly guide which ITR form to be filled. (combined turnover of both business in less than 2 crore)
I want to file ITR on presumptive basis for cloth business and for share trading business on actual profit/loss basis.
Kindly guide which ITR form to be filled. (combined turnover of both business in less than 2 crore)
CA R SEETHARAMAN
(Expert)
16 July 2018
File ITR 4 opting both business on presumptive basis. Both business has to be opted under presumptive.
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