Income tax return

of course, go ahead.... BINDASS...:)

Sure ITR-1 should be filed

No You have to file ITR 4 in this itr your both income will come ie salary income and business income

I have a few questions relating to the ITR-series forms:

1. What form should be used if the only sources of income/loss are salary, interest and margin trading? What if the only sources of income/loss are salary, interest and futures & options trading?

2. Should only the total value of transactions or other details too must be entered in the “Annual Information Return” (AIR) section of the forms?

YES U CAN FILE ITR 1

yes, for A.Y. 2010-11, as you don't have any business going on....... you can file ITR-1.......

but for A.Y. 2009-10, you have to file ITR-4 showing the income you had from Business till December 2008........

agreed you can file for Ay 2009-10 ITR 1 which will be filed in ward according to  Salary Ward which is as per Company name.

 u will file ITR 1

Please file ITR-1 (Saral -II).