Regarding income from speculative business

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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)

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

Aashok Kumar Sharma

(Expert)

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.

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