ITR4 eFiling Help

Originally posted by : SCIFIGIRI
	I am trying to fill ITR 4 online for AY11-12. Can someone help which Schedules / Sections I have to fill considering 1. Employed with TDS 2. Loss fom F&O and want to carry forward the losses 3. Interest from Savings Account Also which Nature of Business I have to select for F&O trading? Thanks in Advance

1) there is part of TI-TTI, at he end of such part there is a one more part to fill salary details, you can fill your salary details there, at the there is a TDS schedule, fill name TAN of the deductor as information is asked.

2) you have loss from speculative business, fill all details of losses in part-1 of the CG-OS schedule..in the next sheet your loss will come automaticallyy..

3) in the second part of the CG--OS, you can put your interest amount in OS (other source).

After all these go to part Ti-TTI, you will come to know all your working as like yopur computation.

Hi Siddharth

Thanks for the details. What my understanding is that profit / loss from F&O trading is considered as business income and will not go to capital gain section. Also as I am not eligible for Audit I am suppose to fill schedules

1. PartB - TI & PartB - TTI (For salary and TDS details and interest income from savings)
2. Schedule - BP (For income from business prefession. This will have F&O loss)
3. Schedule CYLA / BFLA (Business income can not be setoff against salary so not sure whether I can skip these schedules. I don't have any previous loss to brough forward.)
4. Schedule CFL (to carry forward F&O trading loss)
5. Schedule TDS1 (For TDS details)

Not sure what will be the Nature of Business for F&O trading??

Please correct me where required. This is what I understand after looking at ITR4.

Thanks in advance!!!

yes i told in short , it is obvious to fill all the the details in BP and b/s nd p & l...

i thought some diff so i told u to fill CG...yes you are right proceed.

but remember in last tally your statement with TI-TTI... you will come to know there itself...