27 July 2012
Hi , I am in receipt of stipend from my company , for which TDS is deducted u/s 194J as Professional Fees. I have received From 16A for the FY 2011-12.
Which ITR am i suppose to use to file the returns ? I have a refund of tax.
However my payslips doesnot specify if it is stipend or salary. And the designation is Fixed time hire. Yet TDS is U/s 194J. So is it a professional income ? also what would be the consequences of filing ITR 1 in liew of ITR 4 ?