Regarding right itr

This query is : Resolved 

07 February 2016 Hi sir My self Mr. shrihari Pise i want to fill my IT for AY 2016-17 after financial year end i have income from salary as well as private tuition classes and also Paypal income so which ITR form correct for me and which head is correct for tuition classes & Paypal Income in the group of business or professions i need to know so, Please guide me My mail ID is shripise84@gmail.com

07 February 2016 ITR 4 is applicable for m for you.paypal and tution income taxable under business income.you may use no accounts maintained coloumn in sl. 51 of sheet p&l in ITR 4,if no books of accounts maintainED

07 February 2016 Thank you for reply


07 February 2016 One more query is which code is suitable for tuition classes or paypal income
please suggest code to me

07 February 2016 and my classes income is 130000 approx then i need to maintain P&L and Balance sheet is necessary for me

07 February 2016 Which is right ITR4 or ITR4S

07 February 2016 ITR4 IS applicable,

choose Professional others 0607

you can directly disclose gross receipts and netprofit in itr4 sheet p&L no accounts maintained coloumn,no.51



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