Menu
Futures Turnover for ITR-4
for filing itr-4, gross turnover of futures for calculating 6% net profit will be "sale value of futures" or "sum of positive value of profit & loss of futures" ??
Replies (3)
Sum of positive+ negative will be considered as turnover
Selection of itr is based on three components:
1. source of income
2. gross total income
3
nature of the assesse.
1. source of income
2. gross total income
3
nature of the assesse.
Question is about turnover
Recent Topic
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
- GST registration
Related Topics
CAclubindia
