15 July 2014
Sir/Madam, A person has salary income and interest income (interest from saving bank a/c and fixed deposites) . Additionally , he has earned Rs. 1,20,000 from giving tutions to students of 5th to 7th standard. Gross Total income is around 1,45,700 . And after deductions available( u/s 80( TTA)) , total income is 1,44,400.
He has filed income tax return for f.y. 2013-14 using the form ITR- 1 , showing the tution income as income from other sources. Is he correct ? Or Does he has to file form ITR-2 or 4 or 4S ? Does he need to file revised return in such other applicable form ?
15 July 2014
tution income is his business income...so he has to file ITR-4S
Querist :
Anonymous
Querist :
Anonymous
(Querist)
15 July 2014
He has already e-filed the return in ITR -1 . But , He has not sent the acknowledge receipt to CPC -Bangalore yet. So..now Will he have to file revised return in ITR 4S ? And before sending the acknowledge receipt of revised return to CPC, should he send the previous acknowledge receipt of Itr-1 filed ? What can be done now? Please, help.