Filing of return
This query is : Resolved
CMA Debajyoti Roy
(Querist)
19 June 2014
Dear Sir,
I have retired from my services and the amount on retirement recd has been put to FDs where from I am getting monthly interest.
In addition I being a professional accountant also engaged in practising wherefrom i get audit fees and consultancy charges.
Am I to file IT return only in IT4 or IT1.
I am confused because income from my profession does not have any interest income. The interest income from FD , i can not show in IT4.
Your advise please!
I have retired from my services and the amount on retirement recd has been put to FDs where from I am getting monthly interest.
In addition I being a professional accountant also engaged in practising wherefrom i get audit fees and consultancy charges.
Am I to file IT return only in IT4 or IT1.
I am confused because income from my profession does not have any interest income. The interest income from FD , i can not show in IT4.
Your advise please!
Nikhil Kaushik
(Expert)
19 June 2014
you have to file ITR-4. you can show all the incomes earned in ITR-4 including capital gains, interest, salary, business income..
Rupesh Jain
(Expert)
20 June 2014
you have to maintain the books of accounts u./s 44AA and return to be filed ITR-4.
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