Itr form?

If a person has salary income for 5 months and professional income for 7 months of a F.Y.

Then he should file return of income in which ITR Form?

kindly help

regds

neeraj

 

Replies (5)

In my opinion ITR 4 which is for business income (but includes salary income details as well)

 

Agree with Mr. Kulkarni......Assessee having salary income and PGBP income has to file ITR 4.

Thanks a lot for the reply

Just one more thing

Adding further info :

The person was working in a company and was drawing salary. Say for 5 months ( as mentioned before )

After that he resigned or retired and the company kept the person for 7 months on contractual basis for the job. The person is going office regularly 9-6 pm and getting monthly payment from the compnay after tds deduction.

Should he consider 7 month payment as professional income or can consider salary incomeor income from other sources.?

regds,

neeraj

 

 

Whether the company is deducting TDS u/s 192 or 194J?

As, the assessee is working just like an employee, the payment made to him will be in the nature of salary. However, if the Company is showing his service as professional service and deducting TDS u/s 194J, asseessee will also have to treat the income accordingly.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details