income tax returns

This query is : Resolved 

14 July 2011 Dear all,

If a person has source of income including salary and capital gains or business or profession.
then what should be the return he should be filed.

To my knowledge ITR 1 and ITR 4 ,both should be filed,

am i correct

or is there any other alternative or procedure

Please clarigy my doubt

Thanks in advance

14 July 2011 You need to file only ITR4. Basically ITR1 is for salary & interest income only & ITR4 is for all income heads.


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