Selection of itr

This query is : Resolved 

07 November 2012 sir, i have total sale of 450000 on which i want to opt 44AD I ALSO HAVE INTREST INCOME OF 40000 AND CAPITAL GAIN OF 160000 WHICH ITR IS APPLICABLE TO ME ITR 4 OR ITR 4S

08 November 2012 ITR 4 only. You have capital gains also.So ITR- 4 S is not applicable.

08 November 2012 ITR 4 is applicable if the assessee is carrying the business irrespective of the other heads income.


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