Return filing

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s.karthikeyan (Querist)
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24 July 2012 Dear Sir,

I have salary income(tds deducted but refund only will be received)

lic agency commission(Rs.10000 p.a, no tds deducted) income and

doing share trading (having dp stocks and intraday min loss)

whether i disclose these in retur?
which ITR to be used?
in which column shall i entered?

pls advice, it is urgent.

karthik

having old stock morethan 3 years and doing day trading- it comes under which head capital gain or other sources?

now i discontinued my agency so renewal commission
only received amount around Rs.11000(lic and general)
it comes under which head

is it possible to file only salary income under itr 1
becaus this is first time i am going to file e return

previously commn tds refund got through filing return with the help of auditors.

pls give me u r mobile no.
thanks
karthik

Amol S Joglekar

Amol S Joglekar (Expert)
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24 July 2012 Ans 1.Whether disclose? How dare you?????? Ans2 Use ITR 4. Ans3: share trading in short temr or long term as the case may be. LIC commission as business income. As per a very old circular you can claim a flat deduction on FYR commission and renewal commission. Refer any reckoner

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