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sec 44 AD and long term capital gain

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CA
250 Points Joined November 2016
whether assessee having long term capital can opt for presumptive taxation scheme , he can file itr 4 sugam for A.Y 2018-2019
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On 21 May 2018 at 11:05 Report
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Practicing CA
7756 Points Joined November 2011

no , if you have capital gain you can not file itr 4. 

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On 21 May 2018 at 11:44
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Chartered Accountant
4524 Points Joined July 2014
you will have to file ITR 3 form.if any one having a capital gain then he can't take benifit of presumptive taxation mentioned u/s 44AD and 44AE.
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On 21 May 2018 at 11:48
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12244 Points Joined May 2017
that's not the precondition for 44AD and 44AE, that assessees with ltcg/stcg cannot opt presumptive
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On 21 May 2018 at 11:59
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CA
250 Points Joined November 2016
if a person is not having any capital gain or loss for that particular year, but he is investing in mutual fund then also he is barred from 44 Ad
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On 22 May 2018 at 19:34
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12244 Points Joined May 2017
attn Tina.. could you please quote the relevant provisions pls
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On 22 May 2018 at 20:57

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