10 December 2020
Hi, My friend working in school and he received salary by cash of Rs 28000. He want to file ITR. which ITR to be filled ? Please guide.
10 December 2020
If salary is only source of income than there is standard deduction of Rs. 50,000 on income from salary. ITR -1 is applicable for only salary income.
10 December 2020
Yes, Fill details in form appropriately. As per section 269ST limit is of 2 lakhs. For, employer that expense is not deductible under section 40A(3).