Regarding income from speculative business

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2015 experts,
Kindly inform me where do i enter income from speculative business in itr 4 form.

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

17 August 2015 can you provide me with your e mail id, so that i can send you the ITR 4 market with COLOURED cell.....
Go to excel sheet named as BP in ITR 4

Querist : Anonymous

Querist : Anonymous (Querist)

17 August 2015 SIR,
MY MAIL ID IS vishnu.freedom@gmail.com please send me the ITR 4 Market with the coloured cell

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

20 July 2025 I can help explain here!

In ITR-4 (Sugam), income from speculative business is generally shown under Business Income but separately disclosed. Since ITR-4 is a simplified form, it doesn’t have a direct separate field for speculative business income.

You should:

Go to the "Profit & Loss" section (or the BP tab in the Excel utility).
Enter your speculative business income as part of your business income but clearly mention/specify it in the accompanying details or audit report if applicable.
If you want, I can guide you on how to fill the Excel ITR-4 utility manually with colors/highlights for speculative income — but I can’t send files directly here. However, I can provide a step-by-step or template to help you organize it correctly.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Shubham Jain

Sivanath VV

Raviraj ponkshe

SANJAY GAIROLA

Aayesha mulani

Subscribe Now

Regarding income from speculative business

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA