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Which itr to choose


22 January 2014 A person has salary income and lease income from renting of Machinery.

Can ITR 1 be used to file returns in this case?

Or, should lease be treated as Business income and ITR 4 be used?

22 January 2014 Yes itr 4 can be filed treating lease income as business income

23 January 2014 His main source of income is salary. Lease income is other sources only. Can ITR 1 be used?




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