Which itr file

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bhavesh (Querist)
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13 June 2014 I have salary income & other misc. (electric job work income) yearly 60000 for the f.y.2013-14 which itr file 1 or 2? if itr 2 which column saw ele.job work income?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 June 2014 you need to file ITR4S (if exempt income is less than Rs 5000). otherwise file ITR4

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CA UMESH DULAL

CA UMESH DULAL (Expert)
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13 June 2014 You may file ITR 4 or ITR 4S

CA UMESH DULAL

CA UMESH DULAL (Expert)
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13 June 2014 You may file ITR 4 or ITR 4S

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 June 2014 check in salary whether ur getting any icnome which is exempted u/s 10 exceeding rs 5000 then file itr 4 else itr2.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 June 2014 tushar ITR2 wont come into picture here...if exempt income is less than Rs 5000, then ITR-4S shall be applicable.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 June 2014 pls give the reason also why not itr-2.......

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 June 2014 he has electricity job income work...which is covered under 44AD.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 June 2014 and why not itr 4???????????????????????????????

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 June 2014 i didnt say not ITR-4. I said ITR-2 is not possible. ITR-4 will come into picture if the exempt income exceeds Rs 5000.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 June 2014 but why if exempt income exceeds rs 5000 then no itr4s can be used pls give some supprtings of rules.

CA UMESH DULAL

CA UMESH DULAL (Expert)
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13 June 2014 If he wants to show the income from Job work @8% or above, go for ITR 4S
in other case - ITR 4

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 June 2014 tushar, pleae refer proviso (III) to Rule 12(1)(ca)

CA UMESH DULAL

CA UMESH DULAL (Expert)
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13 June 2014 I agree with Nikhil ........

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 June 2014 ok thanks for the same i will check it........

bhavesh

bhavesh (Querist)
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19 June 2014 Ok u sir, which business code use &
ITR 4s online E1 fill necessary? I have
electric fitting job work income (New House Electric Fitting Or Office) Rs.60000.00 it's
not regularly Income.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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19 June 2014 you can use code 0505.

as such if your total income including salary
exceeds Rs 5 lakhs, efiling is compulsory. in my opinion, you should always prefer efiling.

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