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Itr form for income earned through purohitham

ITR 1002 views 2 replies

Please suggest me suitable ITR Form( AY 2017-18 ) for the following criteria:


1) First time filing ITR. Previous years, well within taxable income limit. PAN available.


2) Nature of Work: Performing poojas, Graha pravesh, Yagnas,etc as a Purohit.


3) Gross income(FY 2016-17) :₹ 335000/-. Out of this, 95% is from the above non-salaried work. Remaining from Interest (for 2016-17 FY) on FDs(all short-term)


4) One house property and one empty plot, both stand unoccupied, since myself living with mother in her own house.
5) Permissible Deductions: 21000/-( LIC +Sukanya Samriddhi)
 

Replies (2)
ITR4 should be good for you and using presumptive income if applicable would avoid tax liability.

If you take it on presumptive basis the go for ITR-4, otherwise ITR-3, because her worshipping activity can be said as her proprietory profession.


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