Which itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2013 Which ITR will be filed for

1. CA in Service
2. CA in Service as well as providing Tuitions
3. Article who got Stipend and Tuitions fees

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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27 March 2013 ITR-4.

OM SAI SRI SAI JAI JAI SAI

Querist : Anonymous

Querist : Anonymous (Querist)

27 March 2013 but ITR 4 is for income from B&P only. while a CA in Service is an employee and get the Salary.

and can Stipend be regarded as salary or as professional income

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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27 March 2013 I understanded CA in Service means Practicing CA so i suggested ITR-4.

CA in Service(I.e employee) ITR -1 Sufficient

CA in Service as well as Tuition fees. Treate Tuition fees as other income and ITR-1 Sufficient

Article who got stipend and tuition fees. You mean for this word asking about article student. If you asking it about article student then stipend from articleship training is exempted to tax and earning of tuition fees shall be offer as other income(Note ICAI will not parmit to do any business or job by the article student during their articleship training so don't disclose it) thus article studnet has not any taxable income and no liable to filing of return of income. If in this regards your view is different to my view please post your view and doubt clearly.

OM SAI SRI SAI JAI JAI SAI

Querist : Anonymous

Querist : Anonymous (Querist)

28 March 2013 Sir, which section is exempting the stipend?

and isn't it possible that the student takes tuition after Office i.e. in morning and evening ??

and if the tuitions is not allowed, what income can the student show in the return

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