Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Itr for salary and fees received.

ITR 214 views 3 replies

Soumya

Senior Accounts Executive

235 Points Joined April 2016

Dear All,

Can anyone suggest me on which ITR form required to file for salary and fees received from company.

I have received fees during probation period and after probation period i received salary.

I want to file return.

Please suggest me on this.

Replies (3)

Dinesh Mertiya

PROFESSIONAL

761 Points Joined December 2009

you should file return in ITR-1

Dinesh Mertiya

PROFESSIONAL

761 Points Joined December 2009

Both salary and fees have been received from your employer.....
hence, salary and fees is income from salary

CA Harshal Totla

Chartered Accountant

2229 Points Joined May 2014

ITR-1 Sahaj is to be used by assessees having;
-Income from Salary/ Pension; or
-Income from One House Property (excluding cases where loss is brought forward from previous years); or
-Income from Other Sources (excluding Winning from Lottery and Income from Race Horses)
If you have foreign assets, you cannot use ITR-1.
If you have exempt income which is more than Rs. 5,000, you cannot use ITR-1.