Experts
My friend running cooperative society.He is director of this. Sir just wanted to know that will he filled 2 itr . One return itr 5 for society and secondary self itr ????
3 Replies
Gauthami
(Student CA Final )
(431 Points)
Replied 17 August 2018
Itr for co-operative society as u said 5 is correct and itr for self depends upon sources from which he earns income. For example if he also has business income, Capital gains and rental income then itr 3 shall be applicable...
Rajiv
(Senior Accounts Officer)
(1548 Points)
Replied 18 August 2018
he is partner and getting salary .then he will also fill itr 1 for salary.
Gauthami
(Student CA Final )
(431 Points)
Replied 18 August 2018
@ Rajiv
if a person is earning income such as interest, salary etc from a partnership firm as he was a partner then he should file ITR-3 but not ITR-1
if a person is earning income such as interest, salary etc from a partnership firm as he was a partner then he should file ITR-3 but not ITR-1
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