Change from employee to consultant

This query is : Resolved

Padam Gupta (Querist)
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23 July 2022 I am a Chartered Accountant and retired from Service in FY 2020-21.
In FY 2021-22 I have received Consultation Fee for which TD has been deducted u/s 194JB.
Can I file my return in ITR1 or ITR2 or I have to file in ITR3?
A prompt response will help me file my return in time.
Regards,
Padam Shree Gupta
9903479357

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 July 2022 You can file ITR 3 or ITR 4.

Padam Gupta

Padam Gupta (Querist)
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23 July 2022 Thank you so much for your prompt response. Regards.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 July 2022 You are welcome............

Padam Gupta

Padam Gupta (Querist)
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24 July 2022 Please guide at which S.N. and sub-S.N. the Consultancy fee received and the expenses incurred, should be shown in ITR3.
Shall be grateful for guidance.
Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 July 2022 How much consultant fees received.

Padam Gupta

Padam Gupta (Querist)
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24 July 2022 Rs. 3,60,000.
Apart from above, other income consists of Interest, Pension from FPF and very nominal rent.
Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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24 July 2022 In such a case file ITR 4 opt for 44ADA and declare income 50% of 3.60 lacs.
It's simple form.

Padam Gupta

Padam Gupta (Querist)
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25 July 2022 Thank you so much. Regards