A person has a business income and invested only mutual fund. So what form he has to be filed, if he file ITR4 and shows mutual fund as a source of other income there will be any problem?
A person has a business income and invested only mutual fund. So what form he has to be filed, if he file ITR4 and shows mutual fund as a source of other income there will be any problem?
it should be fine.. hope the business turn over is below 44ad limits
Yes Sir, turnover is around 50 lakhs
Actually I just wanted to know whether ITR4 is correct or not in this situation, that's why I mentioned.
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