Regarding filing of ITR-4 Form

ITR 139 views 4 replies

Sir,

I earn from teaching profession approximate 13 lakhs yearly. In this profession i give lectures to GATE aspirants in renowned coaching centers and charge hourly basis. Payment is made after dedcting TDS. Which ITR should i file ? Is ITR-4 applicable for me? Kinly guide me.

Replies (4)

Yes, you can file ITR 4. 

Just check whether TDS is deducted u/s 192.
if yes that means the coaching center has considered you as employee and hence you have to file ITR-1
However, its very less likely that coaching center treat professor as Employee.

TDS has been deduted under section 194JB.

Then it should be treated as Business Income and you have to file ITR-4.


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