Itr urgent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 May 2014 Dear Sir,

Hi !!

For one friend

From last 3 year he is filing the ITR 1 against salary income.

Now this financial 13-14 year he has income from salary and part time income from consultancy, so which ITR form he should file.

He has TDS certificate 25000 against professional income (Consultancy) and NO TDS certificate from salary.

Please guide to me which ITR form he should file.

Thanks

Ankit verma

CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
Follow

23 May 2014 Since his income consists of PGBP (Profits & Gains from Business or Profession), he should file ITR-4 this year. It is yet to be notified.

TDS certificate is mandatory in claiming TDS Credit. If his employer has deducted TDS on his salary, he need to obtain Form 16 from the employer.

You need not worry. It will be issued to him by the employer in due time. The time limit has not been elapsed for the same.

Hope it is clear :)