Professional income

ITR 417 views 3 replies

if there is business income & also professional income den which return to be filed i.e itr4 or 4s??

is it correct to claim the full professional income & not claim any expenses??

how to show both business & professional income in p/l??

Replies (3)

I think 4s is only for presumptive business income...for other business/profession income only 4 is to be used.

You may file ITR-4 and show income from business/profession and also claim expense deduction.

you should go for only ITR 4 .


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