Form 10 IE
This query is : Resolved
16 September 2021
Hello, Sir/ Madam
I have a doubt about filing of Form 10 IE for Salaried persons is Mandatory?
If its mandatory, then Salary person is not having any business income or profession income. So, Why not form 10 IE shown in Person don't having business / profession income.
Because I file my client return, Salary person and I file form 10 IE. this form show only in Person having business/ profession income and some mandatory field is selection of Sector or sub sector. If I m salary person so why I choose for sector or sub sector.
Please help
I have a doubt about filing of Form 10 IE for Salaried persons is Mandatory?
If its mandatory, then Salary person is not having any business income or profession income. So, Why not form 10 IE shown in Person don't having business / profession income.
Because I file my client return, Salary person and I file form 10 IE. this form show only in Person having business/ profession income and some mandatory field is selection of Sector or sub sector. If I m salary person so why I choose for sector or sub sector.
Please help
16 September 2021
For the assessee having no business/professional income; i.e. for filing ITR 1 & ITR 2, there is no need to file Form 10 IE separately. There is option given in the ITR itself, for opting New/old tax regime, in the questionnaire. That is the reason department has removed the form for assesses not declaring business/professional income.
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17 September 2021
Not mandatry for assesse's having only salary income. Inference :- section 115BAC(5) r.a.w. rule 21AG(1).
Ps:- It is not because of option in ITR-1 and 2. Option is also given in ITR 3 and 4.
Ps:- It is not because of option in ITR-1 and 2. Option is also given in ITR 3 and 4.
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