Itr clarification...


This query is : Open 

(Querist)
15 July 2018 Sir, my client has given his car to ANI Technology P LTD (OLA ) company and in return he got an income u/s 194C and further he has salary income also. In this connection will anyone guide me which ITR to file and which business code should be given in ITR?

RAJA P M (Expert)
16 July 2018 You can go to file ITR 4 or ITR 3. Use the following code - Passenger land transport - 11003

HARI PRASAD (Querist)
16 July 2018 If I go for ITR4 can I file the ITR 1 return for ft 2018-19 ? Becasuse Act is saying that we should be opted itr 4 for 5years right?

HARI PRASAD (Querist)
16 July 2018 If I go for ITR4 can I file the ITR 1 return for ft 2018-19 ? Becasuse Act is saying that we should be opted itr 4 for 5years right?

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=1237687

RAJA P M (Expert)
16 July 2018 Yes You can file ITR 1 in FY 18-19.

HARI PRASAD (Querist)
16 July 2018 How about Act then about itr 4 opting?


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