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I have beutiparlour income and have Demat account so some purchase and sale of shares so please guide me which return I should file?
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Quick Summary
If you have income from a beauty parlour and also engage in buying and selling shares via a Demat account, you'll likely need to file an ITR-3. This return covers income from business or profession, and can also accommodate capital gains from shares. Depending on your specific circumstances and turnover, you might also need to consider ITR-2 and specific schedules like BP and CG. It's advisable to consult a Chartered Accountant to ensure accurate filing.

File ITR 3.

It can also be declared shares transaction income under presumptive assessment, in ITR 4; if you wish.

Wrong

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