AJAY CHAUDHARY (Service) (47 Points)
02 July 2013An Individual has taken an agency of Nirmal Bang Securities Pvt Ltd and Nirmal Bang Commodities Pvt ltd .He is getting commission from that company and also he is trading both in Security and Commodity through his Account individualy . Individual has not maintained any books of account.
I want to know
1.Which ITR to be Filed for A.Y.13-14 ?
2.what Income to be shown in ITR a.Income from business or profession (Speculattion or not) b.Income from capital gain c.Income from other source
CA Momin Owais Ahmed
(Audit Manager)
(154 Points)
Replied 02 July 2013
ITR 4 will be Applicable,
Both income will be Taxable as Business Income
Saurabh Toshniwal
(ca final)
(2358 Points)
Replied 02 July 2013
| Originally posted by : CA Momin Owais Ahmed | ||
 |
ITR 4 will be Applicable, Both income will be Taxable as Business Income |
 |
Varsha
(Student)
(1164 Points)
Replied 03 July 2013
| Originally posted by : CA Momin Owais Ahmed | ||
|
|
ITR 4 will be Applicable, Both income will be Taxable as Business Income |
|
yeah agreed ......
Mihir
(Wealth Manager)
(5293 Points)
Replied 03 July 2013
It is income from business & profession. File ITR4
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