We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
ITR 4 is NOT allowed with capital gain
do not violate the law.
A bit urgent, thank you😊😊😊
If my two income sources are money I get from litigation chamber and a little boutique I have, which form should I go for?
Since last year, I have made some money from trading shares (STCG) - above 1 lakh - which is taxable at 15%. [I understand the Long Term Capital Gains exemption of 1L won't be applicable for STCG].
I wanted to know what do you guys usually file? ITR 3 or ITR 4? ITR 4 is a very plain and simple form to file. But ITR 3 on the other hand seems too lengthy and complex. How do I show my STCG in ITR 4, is that possible?