Income TAx

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2011 My friend is working in an MNC and TDS is deducted from the salary.He is having a shop in a mall which is rented to a company.
Which form should he fill to submit IT return.
Also should he give the details to his company so that they can deduct TDS accordingly or should he file it himself.
THX in adv.
Regards,
Vivek

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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30 May 2011 Employees,if they so wish, can inform the details of income derived other than from salaries to the employer so that they can deduct tax from the total income. Otherwise, the employees can include other income while filing their return of income on which self assessment tax has to be paid on or before filing the return.
ITR-1 (sahaj) is the appropriate return form in your case.

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