Easy Office
LCI Learning

Which it return to use

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 July 2015 I work from home as an audio medical transcriber. In a financial year there maybe more that one source of work. There is no TDS. I also get financial assistance for my home expenses directly into my bank from a brother as refundable unsecured loan without interest.
1. Which IT return form am I to use?
2. Should I show the loan assistance from my brother as Income from Other Sources?

28 July 2015 1 It is your professional income file ITR 4.
2 No it is not income from other sources not taxable even it is treated as gift.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries