Itr-1 or any other form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2013 Mr P is in employment with ABC Finance Limited, a leading Commercial Vehicle Loan Lending Company.
P is in receipt of income from company. The company deducts TDS under Sec 194J (Fees for Professional or Technical services) out of amount due to him.
Is it possible to furnish the income of Mr P in ITR-1? If not then in which ITR Form.

Thanks in advance

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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02 August 2013 ITR 1 is for salaried employee. He is not receiving form 16. TDS is being deducted from him u/s 194J and he will receive form 16A. Therefore ITR 4 needs to be filed by him.

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Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2013 thanks sir. your answer is very precise and accurate

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