CAPITAL GAIN FOR PROPRIETORSHIP OWNER
This query is : Open
23 December 2020
Hello Sir,
Mr. X running a proprietorship Business filing ITR-4 (44AD section) as Income from business every year, but in F.Y. 20-21 he sales a Flat, and received 5 lakh rs. more than Flat Value.
Note:- 1) Since last 8 years Mr. X filing ITR-4 for Business Income.
2) Capital Gain not regular Income.
So my question is in which ITR form i could show business as well as capital gain income ?
Thanks In Advance.......
Mr. X running a proprietorship Business filing ITR-4 (44AD section) as Income from business every year, but in F.Y. 20-21 he sales a Flat, and received 5 lakh rs. more than Flat Value.
Note:- 1) Since last 8 years Mr. X filing ITR-4 for Business Income.
2) Capital Gain not regular Income.
So my question is in which ITR form i could show business as well as capital gain income ?
Thanks In Advance.......
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