I have following sources of income
Pension~ 130000/yr
Bank interests~ 15000/yr
Tuition income~ 75000/yr
Whether ITR-1/ ITR-2/ ITR-3 will be applicable in my case for AY 2009-10?
PRAVEEN KUMAR
(MBA (Finance) B.Com.(P))
(3443 Points)
Replied 20 June 2009
i think ITR-4 should be filed in case of income from tution income, it represents income from business & profession.
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 20 June 2009
You have to file ITR-4, you can cliam the expenses on stationery, books, board, furniture-depreciation etc. in respect of tuition income.
Anumanchipalli Sathikonda
(Tax Consultant)
(1349 Points)
Replied 20 June 2009
ITR 4 is the correct form. Imparting education is a profession
Sathikonda
Adv.Gautam Shethiya
(Proprietor)
(67 Points)
Replied 20 June 2009
I think Yes ITR 4 is correct form as it Includes Salary/Pension Details , Income from Other Sources ,& Business Income .
Sagar
(Student)
(142 Points)
Replied 20 June 2009
ITR-4 is to be used for this fiiling of return just only because of Tution Fees......
Ajay Kumar Rai
(Chartered Accountants)
(89 Points)
Replied 20 June 2009
ITR-4 is applicable in this Case
CA Vishvesh
(Chartered Accountant)
(187 Points)
Replied 23 June 2009
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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