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business code for trading in shares

2943 views 5 replies
hi.. what is the business code for
trading in shares and also tell whether ITR 4 is appropriate form to file return to report loss in trading in shares
Replies (5)

'13005' ...

ITR3..... with audit report

ITR 4 only if profit margin declared as 6% of turnover.

if the assesse is not doing trading in shares but sold a part of investment and made a speculation loss of 1850.80.Which ITR form is required to be filled 1,3 or 4..

Sold part of investment (for delivery based transaction)..... comes under STCG/L

ITR2 or ITR3

thank you for your timely response

My Pleasure ...

 


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