I have an income of around ₹3lacs from home tutions & agriculture. Which ITR form should I go for ?
Thanks In Advance
Menu
Income from tution + agriculture
Replies (7)
ITR 4
ITR 4 is now ITR 3. So, you should file ITR 3. As there is no ITR 4 now
is there need to file any return for agriculture a sector bcoz it is completely exempted from taxation??
Yes it becomes important to file agriculture income in case your non-agri income is more than 2.5L. It changes the tax for your non-agri income if that is greater than 2.5L, even when agriculture income itself is tax free. So non inclusion can make your return defective.
so u mean to say a return has to be filed and the tax on agriculture income will be zero
Return has to be filed if your non-agri income is above 2.5L.
and suppose my agriculture income is 10 lakhs....I have no other business.. then what the law says...??
Recent Threads
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
Related Threads
CAclubindia
