Itr form

This query is : Open

SUNIL GIDWANI (Querist)
Follow

17 June 2015 I HAVE TUTION INCOME OF RS.164500 AND I AM DOING THIS AT MY HOME WHICH ITR FORM I NEED TO FILE FOR THE AY 2014-2015. MAY I FILE ITR 2 FORM.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

17 June 2015 you need to file ITR-4 if you wish to file a proper return. as such with income below exemption limit, filing of return is not compulsory in your case

Message likes : 1 times

SUNIL GIDWANI

SUNIL GIDWANI (Querist)
Follow

18 June 2015 THANK YOU SIR, BUT I AM NOT MAINTAINED BOOK OF ACCOUNT AND IN ITR 4 I HAVE TO PREPARE BALANCE SHEET, CAPITAL ACCOUNT, LEDGER, AND PROFIT AND LOSS ACCOUNT, PLS DO NEED FUL IN THAT CASE AND GUIDE ME AS EARLY AS POSSIBLE. MAY I FILE ITR 2 SHOWING TUTION INCOME AS OTHER SOURCES??

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

18 June 2015 Sunil,

can't give the advice which is not correct.

Message likes : 1 times

Ankur Singhal

Ankur Singhal (Expert)
Follow

18 June 2015 Sunil you need to file ITR 4S.

We also fill the ITRs of our clients having only tution income.

One thing you need is that you should have detail of the students as proof.
No need to maintain books.

Message likes : 1 times

SUNIL GIDWANI

SUNIL GIDWANI (Querist)
Follow

23 July 2015 THANKS SIR, FOR YOUR NEED FULL REPLY

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