CA. Abhishek K. Pandey (Manager (Advance)) (901 Points)
06 July 2010If an individual has income from salary as well as profession, which ITR should he use.? Since, there is no single ITR who fulfill both criteria.
Indudhar
(Tax Advocate)
(427 Points)
Replied 06 July 2010
I agree with Naresh, ITR-4 is the correct return
Elton Sukumar M
(Certified Accounting Technician)
(734 Points)
Replied 06 July 2010
ITR-4, Single ITR for salary and business income.
https://incometaxindiaefiling.gov.in/portal/individual_huf.do
check the link
| No | For Þ | Individual | Individual, HUF | ||
| Source of Income ß | ITR-1 | ITR-2 | ITR-3 | ITR-4 | |
| 1 | Income from Salary/Pension | • | • | • | • |
| 2 | Income from Other Sources (only Interest Income or Family Pension) | • | • | • | • |
| 3 | Income/Loss from Other Sources | • | • | • | |
| 4 | Income/Loss from House Property | • | • | • | |
| 5 | Capital Gains/Loss on sale of investments/property | • | • | • | |
| 6 | Partner in a Partnership Firm | • | • | ||
| 7 | Income from Proprietary Business/Profession | • | |||
Source:- Income tax website
Elton Sukumar M
(Certified Accounting Technician)
(734 Points)
Replied 06 July 2010
ITR-4, Single ITR for salary and business income.
https://incometaxindiaefiling.gov.in/portal/individual_huf.do
check the link
| No | For Þ | Individual | Individual, HUF | ||
| Source of Income ß | ITR-1 | ITR-2 | ITR-3 | ITR-4 | |
| 1 | Income from Salary/Pension | • | • | • | • |
| 2 | Income from Other Sources (only Interest Income or Family Pension) | • | • | • | • |
| 3 | Income/Loss from Other Sources | • | • | • | |
| 4 | Income/Loss from House Property | • | • | • | |
| 5 | Capital Gains/Loss on sale of investments/property | • | • | • | |
| 6 | Partner in a Partnership Firm | • | • | ||
| 7 | Income from Proprietary Business/Profession | • | |||
Source:- Income tax website
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