Which itr file
This query is : Resolved
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
(Expert)
13 June 2014
you need to file ITR4S (if exempt income is less than Rs 5000). otherwise file ITR4
Message likes :
1 times
CA UMESH DULAL
(Expert)
13 June 2014
You may file ITR 4 or ITR 4S
CA UMESH DULAL
(Expert)
13 June 2014
You may file ITR 4 or ITR 4S
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
(Expert)
13 June 2014
tushar ITR2 wont come into picture here...if exempt income is less than Rs 5000, then ITR-4S shall be applicable.
13 June 2014
pls give the reason also why not itr-2.......
Nikhil Kaushik
(Expert)
13 June 2014
he has electricity job income work...which is covered under 44AD.
13 June 2014
and why not itr 4???????????????????????????????
Nikhil Kaushik
(Expert)
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.
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
(Expert)
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
in other case - ITR 4
Nikhil Kaushik
(Expert)
13 June 2014
tushar, pleae refer proviso (III) to Rule 12(1)(ca)
CA UMESH DULAL
(Expert)
13 June 2014
I agree with Nikhil ........
13 June 2014
ok thanks for the same i will check it........
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.
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
(Expert)
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.
as such if your total income including salary
exceeds Rs 5 lakhs, efiling is compulsory. in my opinion, you should always prefer efiling.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Ito add credit side of bank
- GSTR9 Annual Return
- Employee secondment
- Rent agreement of House of deceased person
- LLP audit and disclosure
- Import of Capital Machine
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives resides in usa
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
