ITR 4 for trading shares and mutual fund

Hi team

we are doing trading and less than 50 lakhs

I have filled my return under section 44AD in last year

can I file same for this year, we have less than turnover as prescribed by department

please let me know

thanks
ravi
Replies (3)
Quick Summary
This discussion clarifies the use of ITR 4 for individuals engaged in trading shares and mutual funds, particularly concerning presumptive taxation under Section 44AD. It confirms that ITR 4 can be used even with turnovers below the prescribed limits. However, presumptive taxation is only applicable to intraday and futures & options trading in shares, not for mutual fund investments or delivery-based share trading.

Whatever be your turnover, you can continue to file ITR 4 u/s. 44AD of IT act...

Thanks sir, can we use presumptive taxation for trading of shares and securities, mutual funds, please confirm

Yes, Only Intraday & F&O trading in shares, but not investment in MF or delivery based shares.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details