banner_ad

Presumptive income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 July 2018 Xis a retired person and has following incomes for the financial year 2017-18

PENSION Rs. 20,000/- only

PROFESSIONAL INCOME FROM ACCOUNTANCY PROFESSION - Rs. 4 Lakh

LONG TERM CAPITAL GAIN - - Rs. 15 Lakh


As due to long term capital gain, X cannot file Form ITR 4 Sugam, for his Income of Rs. 4 lakh on presumptive basis, what he should do to show his income of Rs. 4 lakh on presumptive basis.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
14 July 2018 File ITR 3 presumptive income can be opted.
Profile Image

abhimanyu

Profile Image

abhimanyu (Querist)
14 July 2018 THANKS VERY MUCH SIR
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
14 July 2018 Welcome...............
..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details