Please help....
This query is : Resolved
21 June 2012
My friend is working in a audit firm and she is receiving Rs.15000 p.m after deducting TDS @ 1% u/s 194C. She wants to file her return for the F.Y 2011-12 for availing the refund . The income cannot be taxable under the head salary as she received Form 16A. So my query is , under what head the income is taxable , is it professional income or other sources ? She has also have Bank interest.Her income is below the exemption limit. And also specify the ITR form.
21 June 2012
Will be treated as income from business profession and ITR-4 form will applicable
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