Real estate business - presumptive
This query is : Resolved
12 March 2018
Dear Sir,
Can we file returns under presumptive income (ITR-4S/ 4) for Real Estate Business by showing income @ 8% on total receipts.
Thanks in advance sir
Can we file returns under presumptive income (ITR-4S/ 4) for Real Estate Business by showing income @ 8% on total receipts.
Thanks in advance sir
12 March 2018
for construction business, you can. In case you are a real estate broker, then you cannot
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
- 44AD VS 44AB AUDIT
- Query Regarding Refund Adjustment Against Outstanding Demand
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- GST APPLICABILITY TO DIAGNOSTIC
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- Clarification on GST Applicable for Training Hall Rent Invoice
- GST APPLICABILITY ON DIAGNOSTIC UNIT
- TDS Intimation(Short Deduction)
- OTP ISSUE XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
- Itr processing delay
- Purchase of property from NRI
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
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
