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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 HELLO SIR, I WANT TO FILE AN NIL RETURN
OF MY COUSIN BROTHER(INDIVIDUAL)SO PLEASE GUIDE UNDER WHICH HEAD SHOULD I SHOW INCOME,WHICH INCOME SHOULD I SHOW AND WHICH ITR SHOULD BE FILED???...
PLEASE REPLY ME AS FAST AS POSSIBLE ITS TOO URGENT...

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 July 2012 What is the source of income of your cousin?

Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 ACTUALLY HE DOESNT HAVE ANY SOURCE OF INCOME BUT HE WANT TO FILE AN RETURN SO PLEASE TELL ME ANY SOURCE OF INCOME WHICH COULD BE SHOWN IN RETURN...WHTHER HE CAN SHOW COMMISSION INCOME ...

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 July 2012 You can show tution receipts.

Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 Which itr should be filed for this...

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 July 2012 You will have to file ITR 4.

Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 SIR BUT I CAN EVEN FILE ITR1 OR ITR2 AND SHOW THEM AS TUTION RECIEPT UNDER INCOME FROM OTHER SOURCE..

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 July 2012 Yes you can show as Income from Other Sources, but it is preferable to show as business income.

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Querist : Anonymous

Querist : Anonymous (Querist)

05 July 2012 sir but which itr should fe filed in case of income from other source

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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06 July 2012 You will ITR 1 if there is no other income.

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