Pl. tell me, My salary income is 96000/- net income from part time accounting is 90000- and interest income from banks rs. 25000-. can I file my return in ITR-1S. if no than suggest to me right ITR form.
21 January 2013
If part time accounting charges is treated as Salary income, then ITR-1 is applicable.
If part time accounting charges is treated as professional income, then ITR-4 is applicable.
It is better to show part time accounting charges received as salary income and file ITR-1 to avoid filling of lengthy and voluminousness data in ITR-4.
CAclubindia
