Itr form
This query is : Resolved
05 December 2014
Hi to all my dear friend,
A my friend ask me that he earn following income & want to file Form ITR 2 instead Form ITR 4. Can he do?
Income Detail is as follows:
* Interest income from Saving Bank Account ( e.g.12,500/-)
* Professional fees receive (Nominal amount) (e.g. 1,55,000/-)
Note:- Both income received after deduct TDS which is show in Form 26AS.(e.g. 16,750/-)
I suggest to him ITR 4 but he want file ITR 2, its tenable or not.
A my friend ask me that he earn following income & want to file Form ITR 2 instead Form ITR 4. Can he do?
Income Detail is as follows:
* Interest income from Saving Bank Account ( e.g.12,500/-)
* Professional fees receive (Nominal amount) (e.g. 1,55,000/-)
Note:- Both income received after deduct TDS which is show in Form 26AS.(e.g. 16,750/-)
I suggest to him ITR 4 but he want file ITR 2, its tenable or not.
05 December 2014
since ur friend has business income then it4 is applicable in this case.
05 December 2014
Thanks Tusar for reply,
but can we show professioal income as other income in ITR 2?
but can we show professioal income as other income in ITR 2?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Cash sale limit for gst sales to unregistered party
- E invoice-1
- Seeking Clarification for Tax rate and reversal of ITC claimed on Ground Mount Solar Plant
- TDS on changed Total Consideration Value of Flat
- Non resident status & Taxation in India
- AI for getting replies for income tax notices
- 194N and 194NF
- ITC REVERSAL OF FAKE BILLS
- GST einvoice for export service error
- DOCUMENTS APPLICABLE & MENDATORY FOR GOODS MOVEMENT FROM UNIT-1 TO UNIT-II.
- REGARDING NRI PROPERTY TDS
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
