Dear friends,
The ITO has rejected ITR 4 in this case.
Dear friends,
The ITO has rejected ITR 4 in this case.
the production manager means
1.he is working an employee in his employer or
2. he is working as a consultant in his producer
if he satishfy first conditon take form 16 from his employer and file in form ITR-1
if he satishfy second conditon he file his return in ITR-4
Dear Pavan as Vipin had already said, that he was issued form 16A that means the employer and employee relation does not exist.
In this case the manager is providing his technical services and getting the fees for it so, it shoulb be charged as professional income and ITR-4 should be accepted.
Regards
Rajat
Agree with Mr. Rajath.
Profession definition in Income Tax Act 1961 includes Production Manager of film industries. Hence, its a professional income & ITR 4 must be filed.
So what should i do? ITR - 4 has been rejected. Should i file return in ITR - 2?
You can write a letter to the ITO stating that the profession is included as per the definition of Profession u/s 44AA of Income Tax Act, 1961. Hence, ITR 4 has been filed.
Other's opinion can be sought.
May I not file return in ITR - 2?
I think this time you should try ITR-2 ............ then see what happend.......
Your are not logged in . Please login to post replies
Click here to Login / Register
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
India's largest network for
finance professionals