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Which itr form for self employed physiotherapist ?

Samuel (manager) (40 Points)

08 June 2016

My wife is self employed physiotherapist and provide consultancy and some treatments (manual and with physiotherapy machinery) . How is income and tax to be calculated and which form do we use for ITR filing. Thanks!!

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CA Harshal Totla (Chartered Accountant) (2229 Points)
Replied 08 June 2016

Since she is a practicing professional, her income shall be taxed under the head "Profit and gains of business and profession". Income shall be the "Gross receipts from profession", tax shall be levied on Gross receipts less permissible expenses and deductions under Income Tax Act,1961. Use ITR-4 to file return of income.

Samuel (manager) (40 Points)
Replied 08 June 2016

Thanks. Would that be Sugam ITR-4S to be exact?

Can "consultancy" type of income be filed under a simple ITR form ?

CA Harshal Totla (Chartered Accountant) (2229 Points)
Replied 08 June 2016

No sir, you cannot file ITR-4S in your case. ITR-4S Form is the Income Tax Return form for those taxpayers who have opted for the presumptive income scheme as per Section 44AD and Section 44AE of the Income Tax Act. It is not permissible for professional to file ITR-4S. Hence you should file ITR-4

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