RETURN FILE 1or 4

127 views 2 replies
If a person 's main income is tuition and his income is 50000 which return he will file 1 or 4
Replies (2)

For 50K tution income, (which can be declared as income from other sources), ITR 1 is suitable.

You can file ITR-1 (if want to show tution income as income from Other Source ) or File ITR 4 (if want to show income source as Income from Business & Proffesion ) both Return you can file through Quick Return Option (No need to upload XML File.

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register