Which Itr to file 3 or 4
This query is : Resolved
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09 October 2020
Sir my query is Income Received from Developing and sub-dividing real estate into lots & Selling of Plot. which itr to file 3 or 4. then it come capital gain or normal trading u/s 44AD
CA R SEETHARAMAN
(Expert)
09 October 2020
File ITR 4 if turnover less than 2 crore it will fall under normal trading u/s 44AD
09 October 2020
sir i am purchased in my name and sale to customer then it comes under capital gain or not?
CA R SEETHARAMAN
(Expert)
10 October 2020
It will fall under real estate business.
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