Last Year, my part of income has come from Salary and part of income from Retainership. 5 months i have worked as employee & remaining 7 months as retainer in the same company. Which IT return form i need file. Thanks in advance.
Last Year, my part of income has come from Salary and part of income from Retainership. 5 months i have worked as employee & remaining 7 months as retainer in the same company. Which IT return form i need file. Thanks in advance.
Dear Suresh,
Your salary income is chargeable under the head "Income from Salaries" and the income from retainership assignment is chargeable under the head "profits and gains from business or profession".Hence you will need to fill ITR 4 for filing your return of income.
Regards,
Fatema.
use ITR 4, as it covers both salary and profession.
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