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Income from Salaries and profession

This query is : Resolved 
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(Querist)
20 March 2010 Dear Sir,
I want to know that a salaried person can also show his income from business or profession?
If yes, which ITR form he will have to file in a.y 09-10.

Thanks
Shammi Arif
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CA. Deepak Narula

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CA. Deepak Narula (Expert)
20 March 2010 hi
there is no restriction in IT Act and any salaried person can show its income from business/profession along with his salary income.

basically it depends on the contact between employer and employee. some employers don't allow their employees to carry on business/profession during their term of employment. otherwise there is no problem

ITR applicable is ITR-4

thank u
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Rahul Gupta

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Rahul Gupta (Expert)
21 March 2010 Agreed with Mr, Narula. Income from salary can be shown along with Income from Business or profession.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 March 2010 agreed with experts
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
21 March 2010 Agree
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
25 March 2010 agree
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