08 February 2018
Sir, My friend is an employee a pvt company. His salary is Rs. 12,500 /- p.m. He is receiving his salary in hand by cash, no ESI or PF deducting from this. His salary is non-taxable but he wants to make a IT file by showing his salary. But he has no proof of his salary like Form 16 or Bank statement or pf slip or anything else. So my query is -
1). Will he shows his income in ITR - 1 as income from other sources head? 2). If not then how to show this. 3). He deposites Rs.2,000 p.m in PPF account i.e Rs. 24,000 /- - will it also shows in ITR in which column?
08 February 2018
Dipankar - Does your friend does not have the offer letter from the Company. That can also be a proof of job. Otherwise, he can show the income as earned from other sources. PPF deduction can be taken.
CAclubindia
