Income from Salaries and profession

This query is : Resolved 

20 March 2010 Dear Sir,
I want to know that a salaried person can also show his income from business or profession?
If yes, which ITR form he will have to file in a.y 09-10.

Thanks
Shammi Arif

20 March 2010 hi
there is no restriction in IT Act and any salaried person can show its income from business/profession along with his salary income.

basically it depends on the contact between employer and employee. some employers don't allow their employees to carry on business/profession during their term of employment. otherwise there is no problem

ITR applicable is ITR-4

thank u

21 March 2010 Agreed with Mr, Narula. Income from salary can be shown along with Income from Business or profession.


21 March 2010 agreed with experts

21 March 2010 Agree

25 March 2010 agree



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