Which Form ITR

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Vinod (Querist)
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17 December 2016 Dear sir, I am getting income following source 1. Admin Executive salary from pvt ltd company with form 16 2. Rent from 1 shop and 1 House 3. Business tours & travels and transportation and also sometime labour supply now i want return Itr but confiuse which ITR form use

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)
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17 December 2016 ITR 4 if you are Proprietor in your Business.

Vinod

Vinod (Querist)
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18 December 2016 thank you sir Do u have any working or computation for rent income

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)
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19 December 2016 1 Rent Received - municipal taxes = Net Rent
2 Net Rent - 30% (of net rent) std deduction
3 Any loan taken for property, int thereon is allowable as a duduction
4. Remaining figure stands as Income From HP

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