I AM RECEIVING PROFESSIONAL FEES INSTEAD OF SALALRY FROM A CO. BY ISUING BILL IN THEIR NAME. MY QUERY IS THAT WHICH ITR WILL BE APLICABLE FROM ME...WHETEHER ITR 4 OR ITR 1...........
Ramkrishna (Accountant) (325 Points)
02 March 2009I AM RECEIVING PROFESSIONAL FEES INSTEAD OF SALALRY FROM A CO. BY ISUING BILL IN THEIR NAME. MY QUERY IS THAT WHICH ITR WILL BE APLICABLE FROM ME...WHETEHER ITR 4 OR ITR 1...........
Dhananjaya.N
(Asst. Manager Finance & Accounts)
(57 Points)
Replied 02 March 2009
Hi Ramu,
It will be come under ITR 1.
CA.E.Deepan Chakravarthy
(CA and CS Executive)
(462 Points)
Replied 02 March 2009
CA Parvin Ahuja
(Chartered Accountant)
(408 Points)
Replied 02 March 2009
Since you are issuing bill and getting professional receipts you have to file your ITR in form No.4.
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