05 July 2013
If one person is having own car. He himself given his car on hire basis to x ltd & also drive the car himself & get amount from company. I want know in which ITR his income to be shown? whether ITR 4 as professional( driver) or ITR 2 for salary?
05 July 2013
Assessee is an employee getting salary and renting car is not his business so its income from other source thats y he cannot file ITR4 in my opinion.
07 July 2013
If we carefully read d issue it is clear that he is not employee he is driving d car n has given it on hire, hence it is business income so IRT 4 should be filled.
CAclubindia
