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Itr 4s or itr-1

software engineer


Hi - I'm salaried person from pvt firm. I've been filing ITR-1 for many years. Last year I got convinced that ITR 4S is more suitable for me and I filed it. This year I'm confused and not sure which form should be filled. Please help me differentiate difference and suggest right form. 

Thanks in advance. 

Regards,

Panjwani

 
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If you are a salaried person getting Form 16 go for Form No ITR 1

 

(ITR 4S is presumptive Income, why you want to go for it ?)

 

Regards

 
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ITR 4 for Income from property business or profession in that business who have presumptive income as specified in income tax act they need to file ITR 4S. As you are a salaried person only salary income you have then you should file only ITR 1 only 

 
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Self Employed


You should file ITR1 only

 
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ITR 1 and ITR 4S both have same colour

but u go for ITR 1

 
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Originally posted by : CA Kedar Sakhardande


If you are a salaried person getting Form 16 go for Form No ITR 1

 

(ITR 4S is presumptive Income, why you want to go for it ?)

 

Regards

AGREED

 

 

 


 
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Go with ITR-I

 

 
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 Proceed with ITR1

 
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software engineer


Thanks everyone. Now the issue is by mistake I've submitted ITR - 4S last year. Can I re-submit my ITR with ITR-1 ONLINE. what is the process? Please advise.

 
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CA-Final Student


Revise your last years return and resubmit a new return in ITR 1 

 
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