05 March 2014
Dear Sir I am salaried employee in a private company, I also do a part time accounting job, which ITR form I have to use for filing return. My total income is below taxable limit. Also send me the procedure of filing E-Return. Thanks in advance for answering my queries.
05 March 2014
1. Since you have income from business, you have to file ITR 4S
2. E-filing procedure:
(a) Go to www.incometaxindiaefiling.gov.in (b) Register on the website (c) Download ITR form (d) Fill the ITR form and generate xml file (e) Login to your account on the above website (f) Upload xml file (g) ITR V will be generated. Print the same, sign it & send to CPC, Bangalore
05 March 2014
Itr 4s not applicable as assesse comea under professional . . So ITR4 mandatory . . How to file return . http://www.charteredclub.com/e-filing-your-income-tax-return-online-in-8-simple-steps/
06 March 2014
My view is assessee is salaried and not mentioned that based on what qualification he is earning part time income.
If he earns based on his/her professional qualification like CA/CMA/CS or any other, the income will be covered under Income from professional,hence ITR-4S not applicable, ITR-4 is mandatory
If he earns the part time income without any professional qualifications, it can be covered under Income from other sources and filling ITR-2 or ITR-4S is enough
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