Selection of Income tax form
Rajesh Singh (35 Points)
15 August 2020
i am a saliried person and i have a income from trading approx 40000
5 Replies
RAJIV
(PROP)
(30 Points)
Replied 15 August 2020
Sir,I am rajiv goel a student and taken ecucation loan is the amount of instalment and intt paid is exempt from tax or not and under witch section of income tax
prasad Nilugal
(3924 Points)
Replied 15 August 2020
ITR1 , is not applicable to salary and Trading business , please elaborate , what type of Trading business ?.
Rajesh Singh
(35 Points)
Replied 15 August 2020
I am a salaried person my gross income from salary is Rs 5 lakh approx besides that i have income from equity trading of 0.40 lakh.
which itr form i should choose for fy 19-20
which itr form i should choose for fy 19-20
Anoop srivastava
(223 Points)
Replied 15 August 2020
Trading comes under business and professional income. it should be ITR 4
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