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Which form for income under 192, 194a and 194j.

Tax queries 5531 views 7 replies

Hi,

In the last financial year, I earned income under salary (192), interest on FD (194A) and Fee for technical/profession services (194J). Which form shall I use to file my ITR? Do I really need to file the ITR considering the income as below:

Salary - Rs. 63,000 (no TDS)

Interest - Rs. 130,409 (TDS was Rs. 5397)

Fee for professional service - Rs. 33000 (TDS was Rs. 3300)

Can I claim any tax refund?

Thanks.

Replies (7)

According to me you should file ITR-4 (i am not sure about it , u must get it confirmed from a CA) And yes you must file a return as ur income is exceeding the basic limit of Rs 190000

If u have any investments u can take exemption upto 100000 u/s 80c . In that case i think u need not file a return 

Hi kalpana vijay,

                              Since your Income Structure consist of salary , other sources(Interst) , and PGBP (Professional income) you need to file ITR - 4.......and again your total income before deduction exceeds the exemption limit so you need to file compulsorily IT return.....

 

Yes, under sec 139(1),if your total income before giving exemptions under sec 10 (A),10 (B) and deductions under chapter VIA exceeds maximum amount not chargeble to tax,then u need to file income tax return .

As per recent amendment if total income ie; salary income & interest on SB excds 5 lacs then only its mandatory to file IT return.........

as per this amendment u dont hav to file ITR but i will suggest u to file Return to claim Refund of income tax....

 

one of the company is not paying any interest on late submission of tds quartely return..

can anyone tell me the reason

I have form 26AS for the assesment year of 2011-12 and 2012-13, and section 194j , and TDS deducted for those years are 2613 and 3740. so please someone please guide me , can i file ITR for those years or not if yes then how and also suggest how can i claim deducted amount .

My PAN Card is issued from Bangalore.


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