An 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
ITR 4 will be Applicable,
Both income will be Taxable as Business Income
| Originally posted by : CA Momin Owais Ahmed | ||
 |
ITR 4 will be Applicable, Both income will be Taxable as Business Income |
 |
| Originally posted by : CA Momin Owais Ahmed | ||
|
|
ITR 4 will be Applicable, Both income will be Taxable as Business Income |
|
yeah agreed ......
It is income from business & profession. File ITR4
FILE ITR-4
Jawahar and Associates Chartered Accountants
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CAclubindia
