Filing return

This query is : Resolved 

17 August 2013
A person has income from salary as well as from business (presumptive business income). Employer has given him Form 16 and Form 16A both. As per my knowledge a person can use only one form to file the return,either ITR-1 or ITR-4S.

In which form he has to file the return showing his income from all sources?

17 August 2013 Since he has business income which is eligible u/s 44AD, he has to file ITR 4S.

17 August 2013 ITR 4S shall be filed for all incomes and if one has agriculture income, income from partnerships etc. he will file ITR 4 and presumptive income can be filed through ITR 4 also.


17 August 2013 In the present case ITR 4s will be correct option.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries