Which itr for ay-2013-14

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VIPAN (Querist)

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)

25 June 2013 He has to use ITR-4 as he is having commission income.
.

VIPAN

VIPAN (Querist)

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)

25 June 2013 ITR-2 WILL BE APPLICABLE AS INCOME EXEMPT FROM TAX EXCEEDS 5000.
.

VIPAN

VIPAN (Querist)

25 June 2013 thanx sir....for ur information

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