ITR

Save Share

This query is : Resolved

Quick Summary

If you've received a salary of Rs 28,000 in cash without a salary slip and it's your only source of income, you can likely file using ITR 1. This form is suitable for salary income, and you can claim the standard deduction of Rs 50,000. Ensure you fill in the details appropriately in the form.

Manoj

Manoj (Querist)

10 December 2020 Hi,
My friend working in school and he received salary by cash of Rs 28000. He want to file ITR.
which ITR to be filled ?
Please guide.

CA Pawan Koradia

CA Pawan Koradia (Expert)

10 December 2020 If salary is only source of income than there is standard deduction of Rs. 50,000 on income from salary. ITR -1 is applicable for only salary income.

Manoj

Manoj (Querist)

10 December 2020 Salary received in cash with out salary slip. Can I show in ITR 1 .

CA Pawan Koradia

CA Pawan Koradia (Expert)

10 December 2020 Yes, Fill details in form appropriately. As per section 269ST limit is of 2 lakhs. For, employer that expense is not deductible under section 40A(3).

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