ITR form selection for salary + business income
This query is : Resolved
Quick Summary
Nishant Gandhi
(Querist)
06 June 2025
Respected Expert
Kindly suggest which ITR I have to file income tax return as I have salary plus Business income. My business income is less than 15 lakhs
Also suggest for My wife having salary + short term gain in share.
Please suggest
Your early response shall be highly appreciated.
Kindly suggest which ITR I have to file income tax return as I have salary plus Business income. My business income is less than 15 lakhs
Also suggest for My wife having salary + short term gain in share.
Please suggest
Your early response shall be highly appreciated.
Dhirajlal Rambhia
(Expert)
06 June 2025
If the business income can be declared under presumptive assessment, you can go for ITR 4; else need to file ITR 3.
For Salary + STCG, ITR 2 needs to be filed.
For Salary + STCG, ITR 2 needs to be filed.
Message likes :
1 times
CA Ayush Agarwal
(Expert)
06 June 2025
I agree with Dhirajlal.
Message likes :
1 times
Nishant Gandhi
(Querist)
07 June 2025
Thanks experts for your advise
Message likes :
1 times
Dhirajlal Rambhia
(Expert)
07 June 2025
You are welcome.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Form 144 TDS Return Validation Error – Mandatory Fields
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Applicability of tax on invoice
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Capital Gains Tax on Inherited Mutual Fund
- GSTR9 Annual Return
- Ito add credit side of bank
- Employee secondment
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
