23 July 2015
Dear Sir, An individual who has started giving private tuition to students from May'2014 and he has earned income which is above the maximum exemption limit chargeable to income tax for F.Y. 2014-15 and he wants to file ITR 4 for this current year but the problem is that he has not opened any bank account for the F.Y. 2014-15. He has opened the savings account on June'2015. So please let me know how he could file the return as it is required to give the details of bank accounts in ITR held during the financial year.
Please give a advice as early as possible. It's urgent.
24 July 2015
Dear Sir, In all the income tax returns one bank account needs to be compulsory disclosed irrespective of refund or not so I can't understand how you can say that no bank account details needs to be given when no bank account is held during the financial year.
Please clarify the query as early as possible.I want to get a best reply from a best expert. Hope I can get the reply.
CAclubindia
