Doubts in filling ITR IV

Hi all

I've a few doubts regarding ITR IV.

I'm a Intern at a IT Company,  earn my income in the way of Stipend. Now the co. has been deducting TDS for me. I received form 16A from them, in which the nature of payment was mentioned as Payment of fees to professional.

As such i'm filing ITR IV, but had some doubts while filling the form. I'm using the Excel utility provided by IT dept.

My doubts are:

1. What will be the "CODE" in nature of business in my case. Currently i've filled it as "0607".

2. In P & L sheet, i've filled Gross receipts and Gross profit as per my income for the year in the section "NO accounts", it it correct? As i get a warning when i put details in Gross Profit saying

"I've selected NO ACCOUNTS and filled P&L a/c"

 

Please help me with these.

 

Thanks & Regards

Puneet

Replies (2)

Answers:

1. The code you have given is correct.

2. That is actually not a warning but anote with a heading as warning. If you click on OK then it will give you another note stating "Sheet is OK". So dont worry about that warning and fill up your form.

 

 

Originally posted by :Abhishek Mohta
" Answers:
1. The code you have given is correct.
2. That is actually not a warning but anote with a heading as warning. If you click on OK then it will give you another note stating "Sheet is OK". So dont worry about that warning and fill up your form.
 
"

 Thanks a lot for your help :)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details