Pts
This query is : Resolved
28 January 2013
An individual has opted for Presumptive Taxation Scheme under both Sec-44AD & 44AE. He has also sold one depreciable asset which has resulted in STCG as the block has ceassed to exist. Is he liable to pay STCG in the AY?
If so, then in which ITR cause ITR-4S does not have any column to provide for 'Capital Gains'.
Regards
If so, then in which ITR cause ITR-4S does not have any column to provide for 'Capital Gains'.
Regards
29 January 2013
In such a case you have to file return in ITR-4. 4S- is not applicable for Capital Gains Income.
.
You can also show Business Income on Presumptive basis by providing the brief details in the required manner.
.
.
You can also show Business Income on Presumptive basis by providing the brief details in the required manner.
.
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
Unanswered Queries
- Is any professional CA is here please reply
- Reopen of assessment proceeding
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- Fixe term employment
- Gift Received from nonblood relative
- Foreign lottery ticket bought online from India: legality, tax and consequences
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
