Is benefit of presumptive income available for ITR 3?

ITR 207 views 2 replies

ITR 4 form is for income from a presumptive business, but it does not contain any column for capital gain/loss on sale of investment/property. So if one has income from salary and business and capital gain/loss, then he has to file ITR 3 but then he will not be able to avail the benefit of presumptive income. What can we do?

Replies (2)

Income under presumptive assessment can be filed under ITR 3.

Income under presumptive scheme can be easily filed thru itr 3.
please arrange to send details at contactat @ easyaccountingaudittax.co.in


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