Which itr for ay-2013-14

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VIPAN (Querist)
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25 June 2013 One of our employee has retired last year...Now he is working as associate with marketing firm and having income that of commission on which TDS Has been deducted u/s 194h. In addition he has interest income from bank on fixed deposits..

My question is which return form he should submit for AY2013-14.

Kindly clarify the matter at the earliest..!!!

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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25 June 2013 He has to use ITR-4 as he is having commission income.
.

VIPAN

VIPAN (Querist)
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25 June 2013 Sir thx for your reply..

One another query i m working with organisation where i am getting Transport allownance 1000 p.m out of which 800p.m as per income tax is exempt..Now which form of ITR Should i submit..ITR 1 or ITR-2.

Plz clarify sir...!!

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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25 June 2013 ITR-2 WILL BE APPLICABLE AS INCOME EXEMPT FROM TAX EXCEEDS 5000.
.

VIPAN

VIPAN (Querist)
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25 June 2013 thanx sir....for ur information

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