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Pls help in selecting correct itr form..

ITR Filing 595 views 6 replies

Hi,

I want to know which ITR form should be used to file income tax return of my wife. My wife is taking computer training at home. She earns interest in fixed deposit and savings account. Also, she has invested her savings into PPF.

a) Please help in selecting correct ITR form for filing income tax return.

b) Her investment in PPF will not be clubbed with mine, right? I have already exhausted my PPF limit. So, she is investing in PPF assuming she will get separate limit. Please confirm or correct if otherwise.

Regards,

Ashish
 

Replies (6)

uwant use itr -1 form it comes under incomefrom othersources(excluding lottery andhorserace income)

Thanks..she does not have any salary income..is ITR1 correct form pls?

if she has own training institute /computer and income arises from that institute uwant use ITR 5 FORM for filing income tax return.

u code for filing itr 5 and code willbe under service sector sub code 0705
she is taking coaching class at our residence..
all the technical and vocational training institutes comes under itr 5 under code 705


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