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ITR form
a lady earn early from stitching and tuition which itr form she used for annual return is balance sheet required for her.
Replies (6)
show it as other source income. ITR1 would be fine
i dont agree, show it as business u/s 44ad and file itr4 in ay 17-18 instead...
ITR 4 BCOZ IT IS INCOME FROM BUSINESS AND PROFESSION.
ITR 4 and 44AD wil require figures of sundry debtors, inventory,sundry creditors and cash as on the last date of the FY.
So as per my point of view it would be better to use form ITR 1
So as per my point of view it would be better to use form ITR 1
@ rohan bagra u mean to say that we can show stiching income and tution income ..... HOW??😂
totally wrong to use itr-1, MUST use ITR-4 only, or if income is more and assessee is maintaining books which obvio he/she may not be, bt considering both aspect, than ITR-3 with p&l and b/s.
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