ITR filing

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143 Points Posted on 23 September 2020
Dear Expert,

One of my friend who worked in India from April 2019 to December 2019 after that he gone to Canada. he was not in a job for those 3 months Jan to March 2020

Till December his salary was 8L also paid tax for 8L after his investments deduction.

Now please tell me which ITR form I should use for his return filing for the FY 2019 to 2020.. Do I need to disclose any other details to IT department or else I can file as per the form 16

Thank you in advance

Thank you
Vijith T K
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On 23 September 2020 at 22:01 Report
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Quick Summary
This discussion addresses which Income Tax Return (ITR) form to use for the financial year 2019-20. The user's friend earned a salary of 8 Lakhs in India from April to December 2019 before moving to Canada and was unemployed from January to March 2020. The expert advises that ITR-1 is suitable if the only source of income is salary, but other income sources like rent or interest must also be disclosed. Separately, a query about starting a business as a tax consultant is answered, with the advice that knowledge is key, and specific qualifications or exams might be needed for certain practices like GST.

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accountant
888 Points Posted on 23 September 2020
If source of income is only from salary then you can use ITR-1.
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On 23 September 2020 at 22:09
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Tax and Business Consultant
11616 Points Posted on 23 September 2020
As mentioned by you, Your friend have only Salary income of Rs. 8 Lakh You can file his return in form ITR 1.
In ITR you are also required to mention your other income, like if you have any rent Income of house property, or any interest from saving bank account or interest from FD/RD ect..
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On 23 September 2020 at 22:16
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143 Points Posted on 23 September 2020
Thank you much
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On 23 September 2020 at 22:37
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8 Points Posted on 23 September 2020
Hi my question is I am a m com graduate can I am qualified for start business as return filling
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On 23 September 2020 at 23:23
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Tax and Business Consultant
11616 Points Posted on 24 September 2020
@ Vaidik Baland ji

To start a business as tax consultant /Return filing and to grow that, knowledge is more important than any qualifications. Yes, if you want to practice in GST, than, you can give exam of GST practitioner and be a authorised GST practitioner or same like this there is a tax return Prepare for income tax purposes.
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On 24 September 2020 at 07:00

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