https://www.taxtmi.com/forum/issue?id=3207 Apportionment of income between spouses under sec.5A is questioned for ITR 4 Sugam reporting. Example: gross receipts 2,500,000 with presumptive income at 8% equals 200,000, yielding a spouse's half share of 100,000; the taxpayer asks whether to split gross receipts or allocate the computed presumptive income and where to show the 100,000 in ITR 4 Sugam. Respondents request clarification on business form (partnership or joint venture) and VAT registration and refer to sec.5A but give no definitive filing guidance. en-us Fri, 22 Jul 2011 12:48:52 +0530 Thu, 23 Jan 2025 15:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3207 Apportionment of income between spouses under sec.5A is questioned for ITR 4 Sugam reporting. Example: gross receipts 2,500,000 with presumptive income at 8% equals 200,000, yielding a spouse's half share of 100,000; the taxpayer asks whether to split gross receipts or allocate the computed presumptive income and where to show the 100,000 in ITR 4 Sugam. Respondents request clarification on business form (partnership or joint venture) and VAT registration and refer to sec.5A but give no definitive filing guidance. Discussion-Forum Income Tax Fri, 22 Jul 2011 12:48:52 +0530 https://www.taxtmi.com/forum/issue?id=3207