An Individual is partner of one partnership firm , and he also carrying on his own business(proprietorship), Which ITR To be filled for him for ass year 08-09
IS IT ITR -4 ????...??????????????
thnaks in advance.
Narayan paudel (FINAL) (205 Points)
23 March 2009An Individual is partner of one partnership firm , and he also carrying on his own business(proprietorship), Which ITR To be filled for him for ass year 08-09
IS IT ITR -4 ????...??????????????
thnaks in advance.
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 23 March 2009
ITR 4, is to be used by Individuals/ HUF having a proprietary business or profession. Thus, any person who has his own business/profession (even if he is also a partner in a partnership firm), then he would have to use ITR 4. This form is 30 pages long with 10 pages of guidance notes.