Taxation u/s 44AD
This query is : Resolved
18 September 2021
Assessee having business and wants to file return of income u/s 44AD.
However he has loss from short term and long term capital gains also
In such case ITR 4 cannot be filed since it does not have income from capital gains
My question is whether in this case ITR 3 needs to be filed and then how to show presumptive taxation u/s 44AD ?
However he has loss from short term and long term capital gains also
In such case ITR 4 cannot be filed since it does not have income from capital gains
My question is whether in this case ITR 3 needs to be filed and then how to show presumptive taxation u/s 44AD ?
18 September 2021
ITR 3 has provision to declare income under presumptive assessment u/s. 44AD/44ADA/44AE etc...
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Capital gains-24.06.2025
- FNO transaction not reflecting AIS
- Confused regarding applicability of books of accounts and audit
- Taxation under the head Salaries
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- ITR 3 TO ITR 4
- ENUM VALUE
- Disclosure in DPT-3
- Payment of Professional Tax to Chennai Corporation
- Ltcg-20.06.2025
- Clarification on Old to new regime - 10-IEA
- Mistake in GSTR1 of June-22
- Gstr 4 expenses
- Equalization Levy NIL Return Filing
- How to enter RCM after due date is over
- Credit Notes against cancellation of Invoices issued to SEZ Developer
- Is Special Resolution needed Loan From Directors by a Private Limited Company 4 times the net worth.
- How can Wikipedia serivces really save your time?
- VRS Receipts Exemption limit
- Traces- TDS Demand Outstanding
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
