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Income tax return (salary & other income)-itr form

M.Shanmugasundaram (Accounts) (234 Points)

25 July 2015

Dear Sir, 1) I have earned income from Salary & Other accounting charges for the year FY 2013-14. Which ITR Form used for filing ITR-1 (or) ITR-4? Thanking you, Regards, M.Shanmugasundaram

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7 Replies

Rajagopalakrishnan R (PARTNER) (1422 Points)
Replied 25 July 2015

If youhave earned Accounting charges as a free lancer then ITR 4 is the form for you

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Rashi Bajaj (CA) (752 Points)
Replied 25 July 2015

Freelancing is an item of "other sources" income. Why ITR 4 will be needed?

NAVEESH DHAR (ADVOCATE- TAXATION ADVISOR) (427 Points)
Replied 25 July 2015

YOU CAN FILE RETURN IN ITR 1 with showing the income from accounting services under the head income from other sources

CMA Poornima Madhava (CMA) (13112 Points)
Replied 25 July 2015

I too agree with Rajagopalakrishnan bcoz if such accounting fees are not part of salary, then it will be considered as professional income in which case ITR4 is only applicable.

vishnu bhardwaj (Tax Advocate) (212 Points)
Replied 27 July 2015

accountancy charges in u/s 44aa professional income and it details is furnished in itr 4

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chirag prajapati (student) (42 Points)
Replied 27 July 2015

As per Law ITR 1 & 2 applicable because of that Salary with not more then Other Income earned so ITR 1.

SHASHANK KUMAR (w) (70 Points)
Replied 28 July 2015

Can any one guide me relief u/s 89. Whther the relief is combined of Annexure I (Salary in arrear) & II (Gratuity) or any one is taken while claiming.? Please help me out.