which return should be file

This query is : Resolved

Chandan sharma (Querist)
Follow

30 August 2017 A person having presumtive income u/s 44AE and short term capital gain on shares then he can file Itr 4 ??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

30 August 2017 No he has to file ITR 3.

Chandan sharma

Chandan sharma (Querist)
Follow

31 August 2017 Ok, if he file itr 3 then income from business is calculated as per 44AE rule or as per given format in the itr 3 gross receipts, gross profits, expenses

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

31 August 2017 Calculate as per rule 44AE due to capital gains ITR 4 is not applicable.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Pratap Kumar De

BIBIN KUMAR

CA Lalit Kumar Agrawal

CA Ravindra Jain

Yash

Subscribe Now

which return should be file

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA