CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Itr-1 or itr -4 ?


CA SUNNY AGGARWAL (Tax Consultant)     05 August 2015

CA SUNNY AGGARWAL
Tax Consultant 
 80 likes  1292 points

| My Other Post

The assessee is in employment under government organization on contract basis and earning a fix amount on monthly basis. He is not running any business or profession. But his TDS is deducted u/s 194-J , so Please clarify which ITR form should be filed to claim refund of TDS appropriately (ITR-1 or ITR -4).

 

Thanks 
 

avater

Poornima Madhava (ACMA)     05 August 2015

Poornima Madhava
ACMA 
 513 likes  5579 points

View Profile | My Other Post

ITR4 to be used

avater

Vishal Goel (Chartered Accountant)     19 August 2015

Vishal Goel
Chartered Accountant 
 139 likes  1663 points

View Profile | My Other Post

Originally posted by : Poornima Madhava
ITR4 to be used

TDS U/s-194J deducted for Fees for professional services, Fees for technical services, Royalties etc.... these are business income.. .. ITR-1 can't be used. 

avater

Poornima Madhava (ACMA)     19 August 2015

Poornima Madhava
ACMA 
 513 likes  5579 points

View Profile | My Other Post

@ Vishal: But i never said ITR1 to be used :)

avater

Vishal Goel (Chartered Accountant)     19 August 2015

Vishal Goel
Chartered Accountant 
 139 likes  1663 points

View Profile | My Other Post

@ Poornima : Agree with you...:)


I am giving reason why ITR -1 is not used. 


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »