Dear friends,
Both my wife and I spent the last year with income from two sources. Each of use got paid against our PAN's working as individual consultants/ trainers. TDS was deducted (against our PANs) in each case of payment.
Late in the financial year I started a sole proprietorship with my PAN. Under this source we earned very little (<1.2 lakh) in the financial year.
Question:
1) Do we both file ITR 1's?
2) Do we both file ITR 4's?
3) Or do we each file something different? If so, what does she file, and what form do I file?
Your guidance is greatly appreciated. Thank you!
CAclubindia
