Itr of individual doing home parlour

ITR 448 views 25 replies
What about bank account of assessee?
Replies (25)
What about bank account of assessee?
Show the all Account in his name and Parlour name in ITR.
I am asking about bank account balance to be shown as asset, if file itr 4
Originally posted by : Ankit Sharma
I am asking about bank account balance to be shown as asset, if file itr 4

Simply Said.,

If You have balance then feed the values. If You don't have then leave it except Creditors, Debtors, Cash and Stock. These details required atleast 0.

As assessee does not have any shop or trade name or bank account in the name of parlour. But assessee has his personal bank account. Is it to be shown as asset?
Originally posted by : Ankit Sharma
As assessee does not have any shop or trade name or bank account in the name of parlour. But assessee has his personal bank account. Is it to be shown as asset?

Yes.... and Must...

Need some suggestions Case 1- One person working with private company and the salary is below 2.5 lakhs . But the employer has not given form 16. Then which type of ITR form is applicable? Case-2 One person an junior advocate and practice with senior advocate running firm and his income is below 2.5 lakhs then which type of ITR Form is best?
Originally posted by : ShaShteshwar Nath
Need some suggestions
Case 1- One person working with private company and the salary is below 2.5 lakhs . But the employer has not given form 16. Then which type of ITR form is applicable?

Case-2 One person an junior advocate and practice with senior advocate running firm and his income is below 2.5 lakhs then which type of ITR Form is best?

Case 1 - Either ITR 1 or 2

Case 2 - Either ITR 3 or 4

Dear Ms. Ruchika Somani., Which condition case 1 fall under ITR 2...? Can You explain Your view?

Assessee is not having profits & gains from business or profession so he can file ITR 2 also with other source and salary income

17006  - Tutions

21001 - Beauty treatment 

One has to take both  and File ITR4.


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