27 September 2018
I am director of pvt ltd company.I am getting salary from company.should I file salary amount separately in ITR -4 or not. Whether Income from business head covers salary part also? Request for clarification
27 September 2018
If you have only SALARY INCOME from PVT Company then you must file ITR 1. Income from business does not cover salary. Both are different heads. If you have any business/Profession under Presumptive income basis, then you MUST have to disclose your salary separately in ITR 4 alongwith the Details of Business/Turnover/Profit etc.
Information in the query is not complete, Solution is based on certain assumptions.
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