Itr form sellection

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 March 2014 I HAVE INCOME FROM PROFIT ON COMMIDITIES TWICE IN A YEAR DURING 2013-14 IN MY HUF FILE

OTHER INCOME ONLY FROM INTEREST RECD ON LOAN WITH SOME TDS DEDUCTED

WHICH FORM TO BE FILE IN MY CASE (ITR -2 OR ITR -4)????

PLEASE ADVICE

Nikhil Kaushik

Nikhil Kaushik (Expert)
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20 March 2014 I would say ITR -4 as even single transaction can be considered as business activity.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2014 in this regards I would like to clarify that I have no business activities in my HUF account.

Profit on commodities is taken as investment purpose.

now can I bound to file ITR-4 as per your advice??

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2014 IS PROFIT FROM COMMODITIES TAKEN ONCE OR TWICE IN A YEAR IS BUSINESS INCOME ???

CAN I TREAT THIS INCOME AS INCOME FROM OTHERS SOURCES ??

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2014 reply not seen in mail or neither display in site

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