Filled Sample Of ITR4 (a person doing trading, NOTE: Avg Short term holding is < one month, So treated STCG as Business Income)
(Disclaimer: It is based upon my knowledge only and not a standard procedure for filling. I am neither a CA nor a Tax Consultant, So use it at your own risk. Better to consult your CA.)
1 nature of business
202 retail trading
PART-BS: OF ITR-4
6 In a case where regular books of account of business or profession are not maintained -furnish the following information as on 31st day of March, 2010, in respect of business or profession)
a Amount of total sundry debtors 6a 12000 FROM CLIENT LEDGER
b Amount of total sundry creditors 6b 10000 FROM CLIENT LEDGER
c Amount of total stock-in-trade 6c 100 TOTAL AMOUNT OF STOCK/FO ON 31ST MAR-10
d Amount of the cash balance 6d 500 FROM CLIENT LEDGER
PART-PL: OF ITR-4
In a case where regular books of account of business or profession are not maintained, furnish the following information for previous year 2009-10 in respect of business or profession
a Gross receipts 51a 10000.00 TURNOVER OF DERIVATIVES (P+L) AND FOR CASH ON SALE SIDE
b Gross profit 51b -1000 FUT+TRADING+INTRADAY
c Expenses 51c 500 STAMP+STT+OTHER FROM CONTRACT NOTE+NSDL+STAMP ETC FROM LEDGER
d Net profit 51d -1500
Mention P/L from Intraday
A 2 Net profit or loss from speculative business included in 1 2 100
Fill STCG , House Property Income etc.
FILLED CFL :
Check the amount of losses/ set off
Fill if carrying prev yr losses.
FILLED CYLA AND BFLA :
Check the amount after setoff.
Fill your interest / Dividend income
If employed fill details of Form 16
Now press calculate Tax on PartB
Check and generate xml
NOTE: Seniors/Experts please correct me on the wrong points.
Thanks and regards