Income tax return

This query is : Resolved

Dhanwanti (Querist)
Follow

13 October 2014 I have a friend who's source of income is salary but last year along with salary he earned other income on which TDS u/s 194C was deducted at 1%, can he claim expense like SALARY paid to employee in CASH on that other income, if yes how should i show it in ITR1 Form? Please Help

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

13 October 2014 you need to file ITR-4......

Dhanwanti

Dhanwanti (Querist)
Follow

13 October 2014 any other solution, as he wont be receiving other income henceforth? if he file ITR 4 this year can he file his return using ITR 1 next year?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

13 October 2014 Yes ITR 1 can be filed next year.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

13 October 2014 if the amount is minimal, then you may file ITR2. However, i strongly insist on filing ITR4.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vimlesh kumar

nitin

CA K GIRIDHAR

raval umesh

Suvigya Tiwari

Subscribe Now

Income tax return

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Manager- Finance and Compliance

CA Final

GST CONSULTANCY

Accountant

Senior Executive