Hi Everybody
Pls let me know which ITR to be used by a person who is having a salary income and tuition fees
ITR 1 i suppose is not of use as it contains only interest income as other source
Pls help me earliest
Aman mohley (Chartered Accountant) (43 Points)
31 July 2009Hi Everybody
Pls let me know which ITR to be used by a person who is having a salary income and tuition fees
ITR 1 i suppose is not of use as it contains only interest income as other source
Pls help me earliest
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds)
(771 Points)
Replied 31 July 2009
If the salary is the major source of income then use ITR-2 and show income from tution in other sources, but if the tution is the major source of income then use ITR-4 and show income from tution in income from business and profession.
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 11 September 2009
ITR-4
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