Return filing

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2012 Can an assessee opted for presumptive income section 44AD and also having income under the head capital gain file itr-4s?

CA Siddhartha Bhardwaj (Expert)
Follow

08 June 2012 ITR 4S CANNOT be filled if the assessee has Income under the head capital gain.

You will have to file ITR 4.

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2012 Thank you sir..But would you please tell me Why ITR 4S can not be filed?

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2012 Thank you sir..But would you please tell me Why ITR 4S can not be filed?

CA Siddhartha Bhardwaj (Expert)
Follow

09 June 2012 There is no option in ITR 4S to declare Income under the head Capital Gain.

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

Summarize this with AI

Unanswered Queries

view all classess

Moby Mogli

Darshan

mithilesh

Amit Bhatkar

Amogh Gokhale